SP Housing Infrastructure

04/12/2025

Srijan Spacia Located on Jessore road, near Airport.

Call: 91 6290665446

05/05/2025

01/05/2025

29/04/2025

Key Concepts:

Fair Market Value: The price a willing buyer would pay a willing seller for the property under normal circumstances. 

Factors Affecting Valuation: Location, size, condition, amenities, and market demand all play a role. 

Valuation Methods:

Market Comparison Approach (Sales Comparison Approach): Comparing the property to similar ones that have recently sold. 

Cost Approach: Estimating the cost of replacing the property with a new one, adjusted for depreciation. 

Income Capitalization Approach: Using the property's potential income to estimate its value, often used for investment properties. 

Importance of Property Valuation:

Buying and Selling: Provides a basis for negotiating fair prices.

Mortgages: Banks use valuations to determine loan amounts.

Property Taxes: Property tax assessments are based on valuations.

Insurance: Valuations help determine the appropriate insurance coverage.

Investment Decisions: Valuations help investors assess the potential returns of a property.

28/04/2025

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