ValuationValuation is the procedure of determining the current worth of an asset or a company. Valuations are highly subjective calculations that aim to determine the fair market value of a company.
Therefore, as Valuers we consider an estimate of property’s value based on economic consideration, social developments, government regulations and environmental conditions that may impact the four element of value as listed below;
The desire or need for ownership supported by the financial means to satisfy the desire.
The ability to satisfy future owners’ desires and needs.
The finite supply of competing properties.
The ease with which ownership rights are transferred.
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