Procedural Guidelines for Estimating Residential and Business Structure Value for use in Flood Damage Estimations.

Abstract

This document is intended to provide insight into the use of structure value to estimate the expected cost of flood damage to the national economy. In order to accomplish this objective, the report presents an overview of valuation concepts, with descriptions of the role of each concept in the Corps of Engineers planning process. This information on the various uses of structure values is intended to assist the reader in understanding that there is more than one correct measure of value, depending on the perspective of the person establishing that value and the end use of the estimate. From the perspective of flood damage assessment and the use of depth damage curves, the value of material and labor resources represented by the structure is the correct measure of the structure's value. (MM)

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1995
Accession Number
ADA296581

Entities

People

  • Jennifer M. Phelan
  • Michael A. Passaro
  • Michael G. Cannon

Organizations

  • United States Army Corps of Engineers

Tags

Communities of Interest

  • Engineered Resilient Systems

DTIC Thesaurus Topics

  • Accuracy
  • Army Corps Of Engineers
  • Commerce
  • Construction
  • Cost Analysis
  • Cost Models
  • Economic Analysis
  • Economic Development
  • Electrical Equipment
  • Engineers
  • Flood Damage
  • Floods
  • Industrial Plants
  • Revenue
  • Standards
  • Surveys
  • Water Resources

Readers

  • Business Analytics
  • Hydraulic Engineering.
  • Instructional Design and Training Evaluation.