Market Value Test

Market Value is a well known and unknown concept at the same time. In this article you can find a deep analyze of this subject.

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„Given that the market approach is one of the main valuation approaches and that, according to its name, it should result in the market value, it can only be used based on the market data valuers collect. Consequently, for the valuation to result in the “market value”, i.e. the value that corresponds to the requirements listed in the table below, the data valuers rely on must also comply with the same requirements…

As we already know, in the market approach data can derive from sources such as recent sales or listings of similar properties. In other words, on transactions and /or listings. Is there a priority between them? Do we frst consider the sales and then the listings or the other way round?……..”

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Market Value Test

 

 

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