METHOD: Valuation Based Upon Labor
FAIR MARKET VALUE = $171,000 to $375,000 (For Comparison Only)
OPINION: Overestimates FixturesCloseUp Value
DATE OF ESTIMATE: 2016
Fair Market Value (FMV) is an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market. An estimate of fair market value may be founded either on precedent or extrapolation. Fair market value differs from the intrinsic value that an individual may place on the same asset based on their own preferences and circumstances.
Since market transactions are often not observable for assets such as privately held businesses and most personal and real property, FMV must be estimated. An estimate of Fair Market Value is usually subjective due to the circumstances of place, time, the existence of comparable precedents, and the evaluation principles of each involved person. Opinions on value are always based upon subjective interpretation of available information at the time of assessment (SOURCE: Wikipedia)
CALCULATIONS:
Estimated Hours in Construction: 3.0 Man Years over a 7 Year Period
At the lowest 2014-2015 salary of Web Content Writer $57,000 per year creation of FixturesCloseUp translates into $171,000 (3 man years x $57,000 per year). At the highest salary of Web Content Writer, $90,000 per year, creation of FixturesCloseUp translates into $270,000 (3 man years x $90,000 per year.
Given the strategic and marketing thought and creativity, FixturesCloseUp creation responsibilities are easily at the more skilled level of Digital Content Strategist with a salary range of 80,000 to $125,000 and a corresponding FixtureCloseUp Values of $240,000 to $375,000 for 3 man years of effort.
FixturesCloseUp Valuation Based Upon Labor: (Annual Salary x Man Years of Labor) $171,000 to $375,000
Salary source: “2014-2015 Digital Marketing Salaries Guide,” Mondo Digital Talent Consultants, www.mondo.com