kiinteistöarvostuksessa

Kiinteistöarvostus, known in English as property valuation or real estate appraisal, is the process of determining the market value of a piece of real estate. This value is an estimate of the price that a willing buyer would pay and a willing seller would accept for the property in an open and competitive market, assuming neither party is under duress.

The primary goal of a kiinteistöarvostus is to provide an objective opinion of value. This is crucial for various purposes, including mortgage lending, property taxation, insurance, investment analysis, and legal proceedings such as divorce settlements or estate settlements.

Several methods are commonly employed in kiinteistöarvostus. The sales comparison approach involves analyzing recent sales of similar properties in the same geographic area. Adjustments are made for differences in features, condition, and location. The cost approach estimates the cost to replace the property with a new one, less depreciation, plus the value of the land. The income approach is used for income-producing properties and calculates value based on the potential income the property can generate.

The accuracy of a kiinteistöarvostus depends on the expertise of the appraiser, the availability of reliable market data, and the specific characteristics of the property being valued. Professional appraisers are typically licensed or certified and adhere to ethical standards and methodologies to ensure their valuations are credible and defensible.