This study aims at presenting a methodology for the taking decision about the retrofit or the destruction of the damaged buildings by an earthquake. The proposition is founded on the damages caused by the seism of Boumerdes in Algeria, on 23 May 2003. This work can to help the authorities and owners to make a choice concerning the retrofit or the destruction of buildings and reconstruction.The analysis begins by the identification of the structural damages in the structures, then by the evaluation of costs of the reparations and the retrofit of all functions of the building. If the owner has contracted insurance, the amount of insurance is deducted. After this step, this cost is compared to the cost of the destroying of the old building and the rebuilding cost of a new similar building. The life duration of structure is integrated respectively for the retrofitted building and the build of a new equivalent building. The depreciation of capital according to the time of exploitation is calculated on the reference: fifty years for the new investments, and twenty-five years for the retrofitted buildings.The resolution of the problem uses the comparison between the cost of retrofit divided by twenty-five to which added the amount of insurance, and the cost of new equivalent construction divided by fifty to which added the amount of destruction. This approach gives a result according to retrofit, insurance, the equivalent new building and the depreciation of capital. The compilation of the actualized costs according to each zone permits to have a quick vision about the economical decision. The cost of the urban land component is not taken in account and the network is considered in good state.