The value is calculated as reproduction cost minus depreciation plus land value. 其价值等于再生产成本减去折旧价再加上土地价值。
An insurance valuation would typically focus on replacement cost instead of reproduction cost. 保险估价通常集中在重置成本而不是再生产的费用。
Replacement cost is the cost to build a replacement building which is functionally equivalent to the subject property. 重置成本是成本,以建立一个替代的建设是在功能上等同于主题的财产。