There are many methods for determining the value of a property. A simple cost approach focuses on land value, and depreciated value of improvements. The value of improvements is often abbreviated as RCNLD, or reproduction/replacement cost new less depreciation. The value of improvements is typically the cost to construct a comparable structure with current design […]

Property valuers play an essential role in the home property market. They are responsible for estimating the value of a property and helping clients choose the right investment. In order to get the most out of your property investment, you need to have a good understanding of how property valuers work. Here’s everything you need […]

There are a number of factors that affect the value of a property, including its size, location, condition, and zoning. To determine a property’s value, it is best to get an independent valuation by an experienced estate agent or professional valuator. Multiple valuations are usually required to get the most accurate market value. Checkout property […]