Computer · Estimation and Costing

What does the term 'salvage value' refer to in engineering valuation?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1The value of a property obtained after dismantling it into scrap
2The initial cost of construction including land price
3The value of a property at the end of its utility period without being dismantled✓
4The cost of demolishing a structure at the end of its utility period

Correct answer

The value of a property at the end of its utility period without being dismantled

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