Property Valuation
- SALES COMPARISON
- COST APPROACH
- INCOME APPROACH
Property valuation is a crucial process in real estate that determines the current market value of a property. Whether buying, selling, investing, or refinancing, knowing the accurate value helps you make informed decisions. At Lucaria Properties, we ensure every valuation reflects true market conditions, giving you confidence in your choices.
Methods
Common methods include the Sales Comparison Method, comparing similar recent sales; the Cost Approach, calculating replacement cost minus depreciation; and the Income Approach, based on rental or commercial income potential.
Factors
Location is the most significant factor, along with size, condition, age, and unique features. Market trends, economic conditions, and regulations also influence property value.
Choose
Accurate valuations require experience and local market knowledge. Our certified valuers at Lucaria Properties combine expert analysis with current data for precise results.
Payment Plans
Of Valuation
Buying off-plan often means you can have a voice in the property’s design and layout. you can tailor it to your preferences or even opt for specific finishes and features.