Habib replied on Friday, June 16, 2017 02:15 PM Only plot is 48 Minimum, rest you can calculate what type of construction and how old, 2,500,000 per 1000 feet covered areas usually 8 merle have 2000 Covered area. 95 to 98 Lac is Rough estimate of Finished House of 8 Merla |
Elite replied on Saturday, June 17, 2017 01:26 PM Asa Habib sb thank you very much for reply How old would house be for depreciation? does it depreciate even if well maintained and renovated (e.g painted some places re-tiled etc)? And if so how much does house depreciate per year? |
Habib replied on Sunday, June 18, 2017 07:16 AM Ref too ad 109922 Deprecation of a house is difficult to Calculate. You need An Expert 3 main Things to be Considered Seepage of Bath, Roof and Level From the Road, If there is Good seepage then can make house Malba in Just few Years, If None of these factor then based upon renovation at the end of 5 year 80% of 100, in 10 years 50% of 100 and in 25 years if good live able condition 25% of 100 Usually 25 to 30 ys Old Houses are sold at Plot Price in that area. If House is Old Please take with you an expert otherwise you will not be able to give bid |