The most accurate and reliable estimates for real estate valuation are crucial for the success of any investment movements in real estate market.
As developments and data change rapidly, property valuations play an important role in outlining the business climate. A realistic and well-documented view of the value of a property can determine the achievement of a critical goal such as making a sales deal, a sale or rental agreement, choosing an investment with best return for maximum return, or even securing a financial tool.
Estimates of both the commercial and investment value of real estate mainly help determine a reasonable price, either for the purchase or sale of a property, or for rent or lease. Many parameters determine the market value of a property, including the age of the property, its condition, its location, its size, the quality of its construction, recent comparable sales, as well as the current state of the real estate market and the domestic economy.