Estimoija

Estimoija is a professional who estimates the value of assets or property for purposes such as sale, financing, insurance, taxation, or dispute resolution. The term is used in Finnish and other Nordic contexts and derives from the practice of valuation. Estimoijat may specialize in real estate, businesses, equipment, vehicles, art, jewelry, and other items, and they can work for banks, appraisal firms, insurance companies, government agencies, or as independent consultants.

Valuation approaches commonly used by estimoijat include market-based methods (comparing the subject with similar items or recent transactions), income-based methods (such as discounted cash flow for income-producing properties or businesses), and cost-based methods (reproduction or replacement cost). For real estate, the sales comparison approach and adjustments for location, size, condition, and market conditions are typical. For business valuations, analysts may apply income, market, or asset-based approaches. Deliverables are appraisal reports that document data sources, methods, assumptions, calculations, and conclusions, and may be used in negotiations, litigation, or regulatory filings.

Standards and ethics are central to the profession. Valuations should follow recognized standards such as the International Valuation Standards (IVS) or national guidelines, and emphasize independence, objectivity, confidentiality, and clear communication of limitations and uncertainty. Qualifications vary by jurisdiction but commonly include relevant education, valuation training, and professional designation, often with ongoing professional development.