TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

EXTRACTION TECHNIQUE [1 record]

Record 1 2003-02-27

English

Subject field(s)
  • Estimating (Construction)
  • Real Estate
DEF

A method of appraising property by separating the value of structures and physical improvements from the overall value of the total property to arrive at a value of the site alone.

OBS

This approach is often used in establishing the value of a specific site when vacant comparable sites cannot be obtained and is also referred to as the allocation or extraction method.

OBS

Abstraction is one of four methods typically used in site valuation. The others are Comparative Sales Method, Land Development Method, and Land Residual Method.

French

Domaine(s)
  • Évaluation et estimation (Construction)
  • Immobilier
CONT

Dans l'évaluation du terrain, l'évaluateur doit recourir à l'une des quatre méthodes reconnues en évaluation, à savoir la méthode de comparaison, la méthode de répartition ou de soustraction, la méthode du revenu résiduel au terrain et la méthode du lotissement.

Spanish

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