Brownfields Valuation
A Brownfields Valuation is a valuation of an asset that takes into account the cost associated with; existing underground services, adjacent buildings or other similar constraints when calculating the replacement cost of the asset.
A valuation that does not take into account the cost associated with existing infrastructure is know as a Greenfields Valuation.
Brownfields unit rates are typically higher than greenfields unit rates.
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page revision: 9, last edited: 29 May 2012 08:12
