Building Materials - Deck - Wood

Item Age (Years)
Replacement Cost
$
.00
 
Building Materials - Deck - Wood Depreciation Rate: 5.00% per year
Notes: Dry areas - 25 years; Wet areas - 15 years
Keywords: wooden deck, wooden decking, wood deck
DEPRECIATION FORMULA
ACV = RCV - (DPR * RCV * AGE)
EQUATION VARIABLES
ACV = Actual Cash Value (Depreciated Value)
AGE = Age of Item (Years)
RCV = Replacement Cash Value (Cost to Purchase Now)
DPR = Depreciation Rate (% per Year)