hindamisviisid

Hindamisviisid refer to the methods used to determine the value of an asset or a business in valuation practice. They are chosen by professional valuers based on the purpose of the valuation, the type of asset, and the availability and reliability of data. Valuations may be conducted for purposes such as sale, financing, taxation, insurance, accounting, or dispute resolution, and the chosen methods should provide a credible and transparent estimate of value.

The three primary hindamisviisid are the comparative market approach, the cost approach, and the income approach. The comparative market approach derives value from prices paid for similar assets in the market, adjusting for differences in location, size, condition, and time. The cost approach estimates value based on the current cost to replace or reproduce the asset, minus depreciation for physical, functional, or economic factors; this method is often used for new or unique properties and for insurance purposes. The income approach estimates value from the asset’s expected net income, capitalized at an appropriate rate; it is common for rental properties and income-generating businesses, requiring projections of revenue, expenses, vacancies, and risk.

In practice, valuers may apply more than one method and compare results to arrive at a supported conclusion. The choice of method depends on the asset type, availability of data, and the valuation objective. Valuations are conducted in accordance with professional standards and ethical guidelines, ensuring explanation of methods, data sources, and assumptions used, as well as disclosure of any limitations or uncertainties.