jälleenrakennusarvon
The jälleenrakennusarvon, or reconstruction value, is a financial measure used primarily in property insurance and real estate appraisal to determine the cost of rebuilding an asset to its original condition. It represents the estimated expense required to replace all the structural and non‑structural components of a building using contemporary materials and construction methods, while excluding elements such as land or outbuildings.
To calculate the jälleenrakennusarvon, actuaries consider current construction costs, labor rates, site-specific factors, and the depreciation
In many countries, insurance policies require the jälleenrakennusarvon to insure against total loss. Regulatory bodies often