Resource overview
A concise resource that helps the visitor understand the evaluation before requesting the service.
A complete guide explaining all approved real estate valuation methodologies with practical examples.
A practical guide to help you understand when you need a property appraisal report, what factors affect property value, and how to prepare before requesting an appraisal from a specialist.
Resource overview
A concise resource that helps the visitor understand the evaluation before requesting the service.
A complete guide explaining all approved real estate valuation methodologies with practical examples.
When selling or buying to set a fair price, when applying for financing or a mortgage, when dividing an estate or settling a partnership, when recording assets in financial statements, and in a dispute or an investment exit. The purpose determines the basis of value and the approach.
The three recognized approaches, with practical examples: the market approach for properties with comparable transactions, the income approach for let and income-producing assets, and the cost approach for specialized or new buildings. It also explains when each approach is chosen and why.
Define the purpose of the valuation and the report's intended user, prepare the title deed, plans, lease agreements and the property's financial records, and make sure a site inspection can take place. Good preparation reduces follow-up questions and raises the quality of the report.