Property Valuations combining Arts and Science:
To develop a complete mind: Study the science of art; Study the art of science. Learn how to see. Realise that everything connects to everything else.”
- Leonardo da Vinci
The above quote by a brilliant mind is highly correlated with the art and science behind property valuations.
Understanding the value of your property expands further than analysis of data and applying to a property, we must measure both tangible and intangibles. The arts and intangibles that may motivate and influence buyers and sellers in conjunction with the sciences makes our service one of the most personalised and trusted in the industry.
Get in contact if you are seeking a more personalised experience from a company that cares.
Highest and Best Use
The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value.
Market Value
The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.
Market Rent
The estimated amount for which an interest in real property should be leased on the valuation date between a willing lessor and a willing lessee on appropriate lease terms in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.