What is an expert valuation of real estate
The valuation of real estate gives its real monetary value to date. Each appraisal is based on an in-depth study of market conditions and a variety of factors and data about the property and the external environment. To prepare a market valuation, we apply the latest Bulgarian, European and international valuation standards and all major valuation approaches – market approach, revenue approach and cost approach.
The appraisal is performed on site by real estate appraisal experts. A set of technical, economic and legal parameters allows us to objectively assess the market value of your property compared to the current local market.
Prices are negotiated depending on the object of evaluation and the number of assets that need to be assessed. The main price list of our services can be found here.
What types of real estate we evaluate in Amrita
1. Residential properties:
We can evaluate a property after an on-site inspection. The main and most important things for the valuation are: location, type of construction, area, floor, room layout, home condition, condition of common areas, noise, view.
2. Non-residential properties:
Non-residential properties are used as a means of production and trade, but do not have the status of a residential building. The appraisal provides an opportunity to determine the optimal approach for their use. It can be used for insurance purposes, in purchase and sale transactions, in determining the rent of buildings, in estimating the value of shares and units and others.
3. Valuation of income-generating assets:
This appraisal takes the market value and market rent and makes assumptions about facts that exist at the date of assessment – such as technical condition of the site, specific economic and market data, the existence of a lease with specific expected conditions, technical and economically justified future renovation / upgrading of the site, etc.
4. Estimates of land plots – in regulation, out of regulation, with building permit.
5. Valuations of unfinished construction.
6. Valuations of agricultural land.
7. Appraisal of power plants – photovoltaic power plants, hydropower plants, thermal power plants, nuclear power plants, wind turbines, biomass.
In order to be able to perform the service, we need specific documentation to help us perform the assessments assigned by the client.