Real Property Valuation

Real estate is a piece of land—the minerals it contains, the plants that grow on it, and the buildings that stand firmly on the ground. Valuation of real estate, unlike movable property, does not mean the valuation of the object itself, but the valuation of the right to own it, because when the real estate is extracted, or when the right is transferred in any other way, this property itself does not change its geographical location. Only the owner who subsequently has rights to the property changes.

Why is a Real Property evaluation necessary?

Evaluation of real property is necessary when carrying out almost any kind of operation on it. Be it buying and selling, renting, pledging, dividing property or lending for a mortgage loan in the bank. The need for property evaluation arises before a decision is made on construction or its reconstruction. Before a decision is made on the further use of real estate (attracting investors to the project, changing the purpose of the object, etc.), it is necessary to evaluate it.

Which types of Real Property we evaluate?

• Evaluation of land plots
• Evaluation of the apartment / flat / home
• Evaluation of commercial space
• Specialised property valuation
• Evaluation of unfinished construction
• Repair evaluation
• Evaluation for residency purposes