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Price Of Old Apartment After Calculating Depreciation

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(Querist)
06 January 2021 Dear Experts,
If the current price of a brand new 850 sq. ft. apartment in a gated society is a 100 bucks ,
then what would the approximate current price of the same apartment be,
in real terms after calculating depreciation,
if it were to be 25 years old?
Kaushik.
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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
06 January 2021 No depreciation calculated on house property. The present market value will be more than it costed 25 years ago.

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