The reasonable or reasonable money cost that the home could be sold available in the market, in ordinary span of business, rather than at required sale; the cost it's going to generate a fair market after reasonable efforts to get a purchaser that will provide the highest price. Birmingham F. Ins. Co. v. Pul- ver, 126 111. 329. IS N. E. 804, 9 Am. St. Rep. 598; Mack v. Lancashire Ins. Co. (('. ('.) 4 Fed. 59; Morgan's L. & T. R. S. S. Co. v. Board of Reviewers, 41 La. Ann. 1156. 3 Southern. 507.
existing cost of changing a secured asset (or a damaged or destroyed residential property) with an identical or similar asset, less accumulated decline and obsolescence.