Research Study of Factors Influencing On Residential and Commercial Real Estate Valuation A Case Study Of Ahmednagar City

  • Unique Paper ID: 180879
  • Volume: 12
  • Issue: 1
  • PageNo: 3037-3041
  • Abstract:
  • Valuation is the process to evaluate the value of a property as on specific date and time. The value usually sought is the property's market value. Valuation of Real estate is the task of appraising the prospective price of a site or building in the case of a sale. Such appraisals are important for investment decisions, for real estate funds and project developments. A main consideration to determine the value of property. Currently a valuer uses the various manual methods for preparation of valuation report. To minimize the time and increase the efficiency of valuation work computing technique can be used. An accurate prediction of real property price is important to prospective owners, developers, investors, appraisers, tax assessors and other real estate market stakeholders. It is thus required to prepare a prediction model which would take into consideration the effect of various changing factors on property value. To cater this need, excel computing techniques may be an optimum choice.

Related Articles