Continental Real Estate offers a multitude of services in the real estate industry.
Real estate valuation is the process of determining the value of a property based on a set of criteria and determinants that include the physical characteristics of the property, market conditions, and economic factors. Real estate valuation is used in several different scenarios such as buying and selling, insurance, tax valuation, judicial estimates, real estate financing procedures, etc.
The real estate valuation process includes evaluating all available data and information about the property, by certified real estate valuation experts. The value of the property is estimated based on the following criteria:
After completing these operations, the value of the property is determined and an appraisal report is submitted that contains all the important information, foundations and justifications used. Real estate valuation is important for people who want to sell or buy their real estate or obtain financing for their real estate projects.