Real estate valuation

The process of determining the value of a piece of real estate, also known as property or land valuation. This is essential for real estate transactions, financing, investment analysis, property insurance, and taxation, utilizing methods such as Comparative Market Analysis, Cost Approach, Income Approach, Sales Comparison Approach, and Automated Valuation Models. Real estate valuation is crucial for property buyers, sellers, investors, and financial institutions to make informed decisions.