The Unit-in-place Method is a cost-estimating method in which the total building cost is estimated by adding the unit costs for the various building components. The Unit-in-place method is synonymous with the Segregated Cost Method.
Included in the component cost
•Direct costs
•Entrepreneurial profit
Page url: http://www.georgiaappraiser.com/glossary/index.html?unit-in-placemethod.htm