Real estate and land valuation

Real estate and land valuation is a program for determining the market value of real estate and land with subsequent preparation of a report.

Performs appraisal by the following methods:

• Sales comparison method;
• Statistical method;
• Revenue method;
• The cost method.

On the basis of the database of purchase and sale transactions of real estate objects similar to the evaluated object, the program allows quickly and easily by methods of statistics and comparison of sales to determine the value of the evaluated object, in accordance with the limitations set by the user. In addition, the program also allows to calculate the cost of the object by the income method based on the forecast of future income from its use on the basis of the net present value model (Net Value Present) and the calculation of the capitalized value of the enterprise in the post-forecast period.

The program also has the ability to determine the value of the object similar to the assessed real estate object by the cost method, based on the definition of costs that the buyer will incur during the construction of the object-analogues. Then, if the user wishes, a report is made on all or separately selected methods of evaluation, which is transformed into MS Word with the possible subsequent, if necessary, adjustment and printing. Tables, text, and the price formed in MS Excel file are transferred to the report, taking into account the weight of each of the approaches used in the evaluation, depending on their importance.