hi all... probably a silly question. Just bought an IP and found out it is 33 yrs old (nice bonus as we hadn't expected any depreciable value left). Built 1979. Can anyone advise how a quantity surveyor woudl calculate its original construction cost?
I assume it was quite cheap to build in 1979, so is it actually worth the trouble of getting a Deperciation schedule prepared (??)
I assume it was quite cheap to build in 1979, so is it actually worth the trouble of getting a Deperciation schedule prepared (??)