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.
Read the full replyCan 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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