1. INDVIDUALIŲ NAMŲ VERTINIMO YPATUMAI, TAIKANT LYGINAMOSIOS VERTĖ METODĄ.
- Author
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Raslanas, Saulius and Tupėnaitė, Laura
- Subjects
- *
VALUATION , *HOUSE selling , *HOUSE buying , *VENDORS (Real property) - Abstract
Sales comparison approach is the most often used approach in private houses valuation practice. This article discusses cases of sales comparison approach method application; its methodology as well as key factors to be considered in objective private houses valuation. Furthermore problem of not sufficient comparative sales prices in neighborhood is discussed emphasizing on its influence to appraised object value reliability. In order to avoid incorrect valuation basing on experience of the USA and other foreign countries some proposals for Lithuanian valuation methodology were given: to establish an exact number of comparative objects, to distinguish the key factors to be considered in every special private houses valuation case and to establish variance limits between appraised object value and comparative sales prices. In order to guarantee real estate market transparency professional appraisals organizations must be established to be responsible for real estate market research as well as analysis data and sales prices official announcements and other information spread tasks. [ABSTRACT FROM AUTHOR]
- Published
- 2005