Valuers Sworn Appraisers Property Inc consulting
Asset Valuation in Alberton
www.propinc.co.za
Address
12 AG Visser Street. Brackenhurst. Alberton. Gauteng. 1448What you should know about Valuers Sworn Appraisers Property Inc consulting
BRIEF EXPLANATION ON 3 METHODS OF VALUATION
Professional Property Valuers & Appraisers, International Valuation Services
Residual Method of Valuation
The Residual Method of Valuation is normally used for development land or projects. This approach entails estimating the gross development value of the development components and deducting therefrom the development costs to be incurred, i.e. preliminary expenses, statutory payments, earthworks, infrastructure and building construction costs, professional fees, contingencies, project management fees, marketing and legal fees, financing costs, developer’s profits and other costs (if any) to arrive at the residual value. This residual value appropriately discounted for the period of development and sale is deemed to be the present market value of the subject property. The gross development value is derived by comparing the development components of the subject property with similar properties that have been sold recently and those that are currently being offered for sale in the vicinity or other comparable localities. The characteristics, merits and demerits of these properties are noted and appropriate adjustments thereof are then made to arrive at the proposed selling prices of the development components. The development costs to be incurred are the actual or estimated costs, fees, etc which are likely to be incurred for the completion of the development components.
Profits Method of Valuation
The Profits Method of Valuation is used to determine the market value of properties with special licensing requirements. It entails the use of the trading accounts derived from the business operation of the subject property. The gross receipts are adjusted to cover payments for purchases and stocks to determine the gross profit. The operating expenses are then deducted therefrom to assess the net trading profit. This figure of net trading profit less the remunerative interest on the tenant’s capital is the divisible balance. A percentage of the divisible balance is deemed to be the estimated net annual rental value of the subject property. This estimated net annual income is then capitalized by an appropriate capitalization rate or Years’ Purchase figure to capitalize the income to the present Capital Value of the property.
Discounted Cash Flow Approach
This approach may be engaged to assess the Market Value of ongoing development projects with construction cost incurred and billed progress payments to the purchasers. In the Discounted Cash Flow Approach, the value of the subject property is determined by the streams of present as well as the anticipated amount of cash inflow that will be generated during the respective terms of the whole investment / development period, taking into account the anticipated inflation rate, and adjusting these cash flows to present value by deferring them for the period concerned at an appropriate discount rate. The various development costs, i.e. infrastructure and building construction costs, professional fees / management fees / disbursements, interest on finance, developer’s profits, contingencies and management costs are also estimated on a cash outflow basis and discounted to the present value. The difference between the two sets of figures is the estimated price which a prudent purchaser would be prepared to pay for the property.
Social networks
Products
- Capitalisation-rate estimates: The development of regression models to estimate the standard capitalisation rates of office and industrial properties and, more recently, shopping centres
- House Valuations: The Comparable Market Sales method and application of multiple-regression techniques to value houses in S.A
- The opportunity cash flow (OCF) method: This method is used for determining the market value of income-producing properties, using a combination of capitalisation and discounting methods and it incorporates the difference between contractual and open-market rentals, quantified by means of the OCF.
- Property Inc Consulting's valuation approach largely avoids forecasting, which invariably introduces a significant measure of subjectivity.
- Evidence of the authority of Property Inc Consulting in the market place is that Property Inc Consulting is often requested to evaluate the valuations compiled by competitors.
- We strive to offer complete property and asset valuation reports for commercial and residential categories.
- Shopping Centres
- Development Projects
- Agricultural Property Valuations
- Municipal Objections
- Residential Property Valuations
- Commercial and Industrial Valuations
- Bare Dominium
- Fixed and Loose Asset Valuations
- Specialised Valuations
- Estate Late Assessments
- Insurance Valuations
- Rental Valuations
- Purchase/ Selling
- Mortgage Finance
- Financial Reporting
- Divorce
- Taxation
- Legal Disputes
- Liquidations
- Investors
- SARS
- Property Portfolio Owners
Services
Valuations for buyers, sellers, auctioneers, investors, developers, progress payments, bond applications and also assists client with property professional regarding attorneys, agents letting agents, municipal services, i.e. SELLING: We provide various sale and marketing strategies to sell off your assets in a short time.
BUYING: We have a large selection of all types of properties and we work in conjunction with the financial institutions to get you the property of your dreams at the best price.
AUCTIONS: With extensive experience in the auctioneering industry we have the experts to auction all your fixed-and-loose assets and/or businesses in the quickest time.
When it comes to selling your property and finding your next dream home, we have the experience and the knowledge of the industry to ensure that the process runs smoothly.Property is the biggest investment that a person could make and we strive to go the extra mile in doing the necessary research on the market trends and forecasting for future trends to guarantee that you get the best value for your money.Property Inc has an expert team of professionals who have over 30 years of experience in the property industry across South Africa.There are various types of properties which are available and we are able to assist with them all:
- Residential: Houses
- Commercial
- Vacant Land
- Agricultural Holdings
- Selling or Buying a Business
- Rentals: Commercial and Residential
- Furnished or Unfurnished: Our qualified team of valuers are able to assist with the valuation of all loose assets
Brands
http://csg.dla.gov.za/esio/searchindex.htm
http://www.sacpvp.co.za/
http://www.property24.com/
http://www.ieasa.co.za/public/
http://www.eaab.org.za/
http://www.attorneys.co.za/
Other users also viewed:
Photos and videos
Additional information
Payment methods we use:
- Cash
- Bank transfer
Reviews of Valuers Sworn Appraisers Property Inc consulting (0)