Asuntoarvo
Asuntoarvo refers to the estimated market value of a residential property. It is a crucial figure used in various real estate transactions and financial contexts. The valuation of an asuntoarvo is typically determined by professional appraisers who consider a multitude of factors. These factors include the property's location, size, condition, age, recent sales of comparable properties in the area, and current market demand.
In Finland, where the term is commonly used, asuntosäästöpankki (housing savings banks) and other financial institutions
Furthermore, asuntoarvo plays a role in property taxation. Local authorities may use property valuations to calculate