Which term describes the value realized from a structure at the end of its useful life?

The term that describes the value realized from a structure at the end of its useful life is salvage value. Salvage value refers specifically to the estimated residual value or the price that can be obtained from selling the asset after it has served its intended purpose and reached the end of its productive life. This value can be important when calculating depreciation or determining potential proceeds from a sale after use.

In real estate and asset management, understanding salvage value is crucial for investors and property owners when assessing the long-term financial implications of an investment. It helps in making informed decisions about maintenance, renovations, or the eventual sale of the property.

The other terms have distinct meanings. Liquidation value usually refers to the estimated amount that a business or asset can be sold for under forced circumstances, often in a short timeframe. Investment value reflects the worth of the property to a particular investor based on their specific investment criteria or circumstances. Market value is the price at which an asset would trade in a competitive auction setting and reflects the current market conditions rather than the value at the end of the asset's life. Each of these concepts plays a different role in evaluating real estate investments but does not specifically pertain to the value at the end of an asset's useful life as salvage value does