Property Valuation
Kongunadu Associates has gained its respect and gained a top position today as our foundation was laid foremost on the leadership of Property Valuation service. We believe that valuation of real estate or property is an art & not a science. Are your real estate assessments being thoroughly reviewed every year in Coimbatore? Are they under or over assessed?
Kongunadu associates gives you the perfect Real Estate Valuation Services.
Be it a complex commercial structure or a residential property or industrial land valuation, we have expertise of land valuers in Coimbatore, who follow standard methods that fall in guidelines of the prevailing norms for any type of property valuation.
Property valuation services is required for many crucial reasons. To get the accurate Real Estate or building value there are many proven methods. Kongunadu Associates real estate valuers use the apt method to arrive at the accurate property value so that you know the actual position of your property.
PROPERTY VALUATION PURPOSE
- Property valuation helps you to get the fair market value of the property
- Real Estate or Property valuation serves as the best guide for buyers & sellers
- The valuation of your property helps investors to determine the best possible option
- The property valuation ascertains the futuristic prospects on the property for income generation.
PROPERTY VALUATON METHODS: Kongunadu Associates Coimbatore have government approved and certified valuers to ascertain the property value from the perspective of the property type. They use the following methods to find the property valuation
Comparative Method: The property to be assessed is compared with similar properties in the neighbourhood. The similarity takes into consideration various aspects like size, age, appeal of the building. Property valuers use this method to determine the most appropriate real estate value.
Cost Valuation Method: The cost approach is based on the logic of the principle of substitution. This method helps to understand from the investor point of view to ascertain the property value. It is a known fact that prudent investors will not pay more than the property value than they would for a substitute property. Property valuers use this cost valuation method for financial investors or big time buyers.
Discounted cash flow method: The value of money changes over a period of time. The current property value is determined and compared with the inflation rate over the period of purchase. The valuers assess the real estate value and helps to identify the current worth of the property. Property valuers use this cash flow method for real estate valuation.