fbpx

How do you value a property when there is no comparable sales data available?

This question involves general valuation principles. For unique assets, we expand the search to other areas and apply suitable locational adjustments. This also applies to specialised commercial assets, using rates and yields from various regions to provide insights for adjustment. Choosing the appropriate valuation method based on the asset and evidence is crucial. If Direct Comparison is limited, methods like Capitalisation or Summation Approaches can be used to establish market value.