Factors Affecting Property Valuation

Location

The location where a property is situated plays a crucial role in its valuation.

Amenities

Modern buyers seek comfort. Properties with better amenities will be higher in value.

Structure of the property

The building’s quality, size, material, and design are important factors in real estate property value.

Demand and Supply

The demand and supply equation affects property valuation.

Economic Trends

Economic trends such as the job market, growth, and financial stability impact property valuation as well.