International Journal on Science and Technology

E-ISSN: 2229-7677     Impact Factor: 9.88

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 16 Issue 2 April-June 2025 Submit your research before last 3 days of June to publish your research paper in the issue of April-June.

Review of Valuation Methods for Specialized Properties in the Real Estate Sector

Author(s) Ms. Pranjal Pradip Bhosale, Prof. Ankita Turate
Country India
Abstract Valuation is the process of finding out how much a property is worth. While common properties like houses and offices are easier to value using standard methods, specialized properties such as industrial facilities, hospitals, heritage buildings, and casinos are more challenging. This is because these properties do not sell or lease frequently, so there is less market data available to compare.
Specialized properties need unique approaches for valuation. Common methods include the depreciated replacement cost method, income-based valuation, and techniques like multiple criteria decision analysis (MCDA). These methods consider factors like construction costs, potential earnings, and other important criteria to provide a fair value estimate.
This report looks at different ways of valuing specialized properties and the challenges involved, such as limited sales data, strict regulations, and the need for expert opinions. Understanding these methods helps ensure that valuations are accurate and reliable. Accurate valuations are important for property owners, investors, banks, and other stakeholders to make informed decisions about buying, selling, or lending against these properties.
Keywords Valuation, Specialized Properties, Industrial Property, Depreciation Replacement Cost (DRC)
Field Engineering
Published In Volume 16, Issue 2, April-June 2025
Published On 2025-05-18
DOI https://doi.org/10.71097/IJSAT.v16.i2.5293
Short DOI https://doi.org/g9mn9n

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