Building Valuation of Building Valuation of a building depends on the type of the building, its structure, and durability, on the situation, size, shape, frontage, the width of roadways, the quality of materials used in the construction, and present-day prices of materials.

Valuation also depends on the height of the building, height of the plinth, thickness of the wall, nature of the floor, roof, doors, windows, etc. The valuation of a building is determined by working out its cost of construction at the present-day rate and allowing a suitable depreciation.

Methods of Valuation