What is Real Estate Valuation? What Are the Factors Affecting Value?

Attention When Valuation Factors

· World-recognized analysis and use of techniques,

· Qualification/use/benefit/income and market conditions taking into account,

· Experience and knowledge blending,

· Reporting with a minimum margin of error, “to a certain date It is necessary to withstand”.

· The most common demand in valuation requests Net Today Value is studies, in this regard;

· Real Estate the present value of the future benefits of the property/project calculable or historical valuation studies can be carried out.

Economic Factors Affecting Value

Nowadays, there are many elements that affect the value. The most important of them are:

· Supply-demand and competition element,

· Substitutability i.e. availability of similar properties that perform the same function,

· balance with the environment of real estate;

that Intrinsic and Harmony with External Environment and Harmony Inside Own (Near Good Real Estate Raises the Value of the evil or vice versa)

that External Factors, economic prospects

that Return of the Market Expectations and Change

that Parcelation (of land shape, ability to make structure)

that Tawhit, Redeed or Split Ability

that Usability

that Rare absent

that Accessibility, visibility

that Substitute and real estate use of transportation opportunities by type

that Desirability (desire is more valuable than the one)

Legal Regulations Related to Valuation

Capital in our country Provide real estate valuation services within the framework of the Market Legislation legal on the issues of listing and excluding companies The Capital Markets Board is authorized. The Board held that the partners of these companies, managers and appraisers who will work in these companies The activities of companies by determining the principles related to the qualifications regulates rules to adhere to while maintaining,

Authorization of the Board Real estate valuation service only within the framework of Capital Markets Legislation Valuation of real estate outside of this scope on companies that will give companies do not have an obligation to comply with the regulations of the Board.

Also Banking Regulatory and Supervisory Authority, Official Gazette No. 29946 on 12.01.2017 Published in “Banks to Receive Valuation Services and Valuation to Banks About Authorization and Activities of Organizations to Provide Services How by financial institutions of valuation service under the “Regulation” and what way to take it is connected to the legal regulation.

Prepared with the contributions of EVA Real Estate Valuation Consultancy.