Lands and Lands Valuation
Many factors need to be taken into account when making land and land valuation. In order to evaluate the lands and lands, the person must have certain land information along with certain documents. So what is the land and land valuation process? How is land and land valuation done?
What is Land and Land Valuation?
Land valuation is a valuation process that requires housing valuation and similar project reviews. In addition to this, it is necessary to examine the restriction of the construction conditions in the state of zoning in a good and detailed way.
In the event that the projects are in the development phase, the possible project being built on the land that is being valued is formed in a rough way. In a certain area, the construction of buildings such as commercial and residential buildings on the parcel is made through the valuation process, while trying to estimate the independent sections.
These precedents, which are encountered, are meticulously reflected in terms of their facades and locations, together with the shapes of the independent sections that are being formed. At the end of these valuation processes, the value of the building, which will be done on the parcel, is determined over time.
As can be seen, the transactions made in the land valuation in the built up areas contain quite a lot of differences from the field valuations. Calculations need to be made in order to use the greatly accelerated one in the best and most efficient way.
How is Land and Land Valuation Made?
While making land and land valuation, it is necessary to pay attention to different transactions. Land is the name given to the piece of land that has been developed. While making land valuation, the important factor is the zoning of the land, so it is necessary to pay attention to the zoning of the person's land. The correct interpretation of this zoning and the determination of the correct value of the land are of great importance.
Even if the zoning situation has been determined, there may be situations that make it difficult. In the zoning of a plot:
Obligation of tawhid
astroturf pitch
private school area
And similar zonings that make the owner happy may not be found. In these and similar cases, valuation of the land becomes somewhat difficult. However, when there is a certain discipline among the professions, engineers together with valuation economists can produce various alternatives in zoning situations.