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Home| Questions|Q 92867
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Mahima Singh
Mahima Singh
Asked: December 11, 20222022-12-11T23:07:36+05:30 2022-12-11T23:07:36+05:30In: Estimation and Costing

How to write building valuation report?

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    1. Vaibhav Verma
      2022-12-13T14:18:34+05:30Added an answer on December 13, 2022 at 2:18 pm

      1. Determine the purpose of the building valuation report: Is it to assess the current or past condition of the building, or to estimate its future worth?

      2. Identify the building’s market value by researching prior sales of similar buildings in the same area.

      3. Investigate the building thoroughly, noting any physical observations, such as the condition of the structure, age, features, and amenities.

      4. Calculate the building’s estimated replacement cost.

      5. Describe any potential issues that could affect the building’s value, such as zoning laws, environmental hazards, potential litigation, or other factors.

      6. Estimate the building’s perceived value based on its features, location, market conditions, and other factors.

      7. Write the report, including an introduction, the findings from the research, a conclusion, and any additional recommendations.

      8. Support your conclusions with photographic evidence, historical data, diagrams, and any other documentation necessary.

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