Property Valuation

Property Valuation is the process of determining the worth or value of real estate properties. It involves assessing the various factors that contribute to the value of a property, including its location, condition, size, and market trends. Professional appraisers use different methods, such as comparative market analysis, income approach, and cost approach, to derive an accurate valuation. Property valuation is essential for various purposes, including buying or selling real estate, taxation, financing, insurance, and investment decision-making. This process ensures that stakeholders have a clear understanding of a property's value in the current market context.