Real Estate Valuation Expert View from Royal Institute of Chartered Appraisers Team

A real estate valuation expert is a professional who has the experience and the analytical skills to supply a well-grounded assessment of a real property’s value. They can be real estate consultants, appraisers or real estate economists.

Calculate the Capitalization Rate. Capitalization rates are readily available for each marketplace for each product type with sources like Co-Star and leading brokers.

Valuation experts use a variety of means and methods to calculate a property’s value depending on the situation. Read on to learn more about what property valuation entails.

Determine the Annual Net Operating Income. Deduct maintenance cost from the expected annual rental income. These maintenance costs include repairs, management fees, property taxes, and insurance.