Can someone me answer this question?
Why is accurate data important to property investors?
I was considering market value, property location, future local regeneration projects affecting property values...
The question relates to commercial property investment, so if anyone can offer advice or insight, I would be deeply grateful.
Thanks in advance
So they dont get ripped off.
They do together with many other factors, including current usage, future possible usages, local community needs/wants, local council attidudes to commerce in that area, the list is endless.
I'm not really sure what the question is.
Get an indepedent RICS valuation. I doubt it will tell you much more than someone sucking his teeth and multiplying square feet x the average comparable property price.
But it will be a second opinion. If you don't like it get a third opinion.
It sounds a bit like an essay from my surveying masters that I submitted last month.
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