Definitions: P - Real estate
principle of substitution
The principle of substitution holds that most a property is worth is equal to the amount that would be paid for an equivalent property. The principle of substitution is commonly used by professional appraisers to estimate property value.
References - principle of substitution
See the following for additional principle of substitution information:
- Carpentry Glencoe/McGraw-Hill; 6 edition, January 2003, Mark Feirer, John Feirer, ISBN 007822702X
- Green Building Products, 3rd Edition: The GreenSpec Guide to Residential Building Materials-3rd Edition ICC (distributed by Cengage Learning); 1 edition, October 2009, International Code Council, ISBN 1435400631
- Elements of Energy Efficient House United States National Renewable Energy Laboratory, December 2009, Editorial Staff
- Comparison Of the HERS Reference Home, HERS Rated Home & ENERGY STAR Reference Design Home United States Environmental Protection Agency, United States Department of Energy, December 2009, Editorial Staff
- Fundamentals of Residential Construction Wiley; 2 edition, February 2006, Edward Allen, Rob Thallon, ISBN 471681792
Service Professionals that can help with principle of substitution issues
Common projects involving principle of substitution
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