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Marshall & Swift Equipment Cost Index was created to make comparisons between two former quarters or years Index comparisons are developed by dividing the index for the date for which a cost is desired by the index for the date of the known cost and multiplying the resulting factor by the known cost
The Highway index for 2019 is up about 6% The IHS Pipeline and LNG indices increased in 2018 but are still down 20% since 2014 Coal, gas, and wind power generation indices have gone up only 6% in seven years Refineries and petrochemical facilities have dropped 5% in 4 years but 2018 regained the level of 2013
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Marshall & Swift products contain all the building cost data and insight you need to property appraise nearly any type of residential or commercial building within your portfolio Our comprehensive product suite of cost manuals, specialty publications and software solutions are designed to complement each other and used by a diverse range of .
To move cost from some point in time to some other point in time, divided Index for year you want to move to by Index for year you want to move cost from Example : What is cost in mid 2019 for a nonresidential building whose midpoint of construction was 2013? Divide Index for 2019 by index for 2013 = 1096/860 = 127
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Jan 31, 2016· The FWHA highway index dropped 4% in 2013-2014 but increased 4% in 2015 The IHS power plant cost index gained 12% from 2011-2014 but then plummeted in 2015 to an eight year low The PPI industrial structures index and the PPI other nonresidential structures index both have been relatively flat or declining for the last three years
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Produce credible single-family residence appraisal estimates -- in as little as five minut A smart resource for appraisers using the cost approach Appraisal estimate reports consider all significant cost variables and both physical and functional depreciation
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Table 21 Marshall and Swift Index Year MS Index Value 1999 10683 2000 1089 2001 from AA 1
published by the Marshall & Swift/Boeckh, LLC, Marshall Valuation Service Application of the index factors to a property's historical cost typically results in reproduction cost new In situations where equipment has undergone minimal changes in technology, reproduction cost and replacement cost are likely to be similar
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