The right way to think about Iran’s reconstruction is not as a reward, punishment, or geopolitical capture. It should be modeled as a post-conflict stabilization compact : a rules-based, internationally supervised reconstruction program where Iran receives infrastructure recovery, citizens receive functioning systems, and participating countries recover capital through transparent, project-level returns. There is no publicly verified, comprehensive figure for total property destroyed in Iran, and there is no complete public cost ledger for the campaign. So the only serious method is to build a transparent reconstruction model using sectoral replacement costs, damage ratios, public-private finance, and risk-adjusted infrastructure returns. This article proposes a practical blueprint: estimate damage, structure funding, allocate projects by comparative advantage, and make reconstruction investable only under ceasefire, sanctions clarity, verification, procurement transparency, and multilateral oversight. 1.…