For reasons bothering on lack of data, relevant market information and dearth of professional skills, the Nigerian property market is…Read More
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Understanding the Value of Real Estate
- Valuing real estate is difficult since each property has unique features such as location, lot size, floor plan, and amenities.
- General real estate market concepts like supply and demand in a given region will certainly play into a particular property’s over-all value.
- Individual properties, however, must be subject to appraisal, using one of several methods, to ascertain a fair value. -Investopedia.com
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