The residential real estate market has been booming recently. Because of this, many people need such a service as independent real estate appraisal.

Professional real estate appraisal is necessary not only for large companies, but also for ordinary citizens regarding land plots, residential and non-residential buildings, apartments, etc.

An official expert's opinion on the market price of real estate is a necessary document for submission to the court, in the event of litigation, settlement of inheritance issues, registration of sale and purchase transactions, insurance, etc.

In what situations is real estate appraisal necessary?

Real estate appraisal services may be needed in the following situations:

1. applying for a mortgage loan;
2. establishment of inheritance rights;
3. transactions of exchange, sale and purchase, donation;
4. division, redistribution or allocation of separate shares;
5. purchase of property (state or municipal);
6. a rent agreement;
7. assessment of the structure's depreciation;
8. insurance of the real estate object;
9. privatization of property;
10. estimating the value of an object to establish the taxable base.

In certain areas of business, documented real estate valuation may be needed in such situations as:

1. forming the authorized capital (the object is considered as a contribution);
2. revaluation of assets;
3. planning of commercial use of real estate, including it in the business plan;
4. establishing the management under a power of attorney;
5. attracting investors and partners;
6. making decisions on reconstruction, construction, liquidation of the real estate object transfer of rights to execute transactions.

It does not matter for what purposes the value obtained in the market value report will be used. The following factors always influence the value of any real estate to a greater or lesser extent:

1. registered property rights
2. type of real estate, its functional and actual purpose (use)
3. object location
4. local characteristics of location: infrastructure of the residential neighborhood (especially for apartments, commercial premises), transport accessibility, distance from the main highways of the city
5. technical and physical characteristics of the object being appraised, individual features

The package of documents to be submitted to the organization engaged in the assessment of real estate together with the application may differ depending on the purpose of the object.

For example, if there is an unfinished construction on the land plot, the documentation will need to be supplemented with a building permit, papers on the sectoral affiliation of the project, project documentation and the relevant explanatory note.

After the application and the necessary documents are accepted, a contract is concluded with the owner or representative, after which, in accordance with its provisions, the necessary procedures are carried out: inspection of the object, photography, collection of information, analysis and study of data. At the end of the examination, the applicant is issued a formalized official conclusion on the result of the assessment.

If you want to request a real estate appraisal for yourself or your business, call the phones on the site or leave a request through the feedback form.