Residential valuation is a difficult process as each residence has unique features such as location, plot size, floor plan and amenities.
Technically, the value of a residence can be defined as the total value of the costs and future benefits of owning the property. Unlike many consumer goods that are used quickly, the benefits of real estate are usually realized over a long period of time. Therefore, an estimation of the value of a home must take into account economic and social trends, as well as government controls or regulations and environmental conditions that may affect the home’s value.
Contact us for your Residential Valuation requests