How Is Property Valuation Done? Factors Affecting the Price
In this article we discuss the elements that determine a home’s true value and how the professional valuation process works.
Correct pricing is critical for both buyer and seller. Property valuation is a professional analysis in which many features of the property are evaluated together.
Key Factors That Determine the Price
Location, square meters, building age, floor, orientation and nearby amenities directly affect value. The appraisal report measures these elements objectively.
A property whose true value is unknown is either sold short or finds no buyer.
