Markkinaarvomenetelmät
Markkinaarvomenetelmät, known in English as market value methods, are a group of valuation techniques used to determine the probable price that a property or asset would command on the open market. These methods are primarily based on the principle of substitution, which suggests that a buyer will not pay more for a property than they would for a similar property with equivalent utility.
The most common market value method is the sales comparison approach. This involves analyzing recent sales
Another related concept is the income capitalization approach, which is used for income-producing properties. This method
In practice, valuers often use multiple methods to arrive at a final opinion of market value. The