Understanding the Different Levels of Value: It’s Worth What Where and When?
Artifactual History Appraisal
SEPTEMBER 17, 2019
You may also see this level of the market described as “replacement cost,” which is a term used by the International Society of Appraisers. All of those costs are factored into retail prices and contribute to their position at the top of the levels of the market. The next level down of value is Actual Cash Value.
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