Valuation Factor – Several valuation factors are needed to determine the fair market value of a property. These valuation factors offer assistance when they come into consideration as value-influencing aspects. These factors include, among others, the location of the property, given construction defects and structural damage, an increased remaining useful life or a special standard of equipment.
Valuation factor at a glance: Value-influencing aspects for the market value
- Provides assistance to determine the market value of a property
- Factors include: Location of the property, construction defects/building damage, high quality exterior location, etc.
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