Property Valuation Services
What is property valuation?
Real estate appraisals or property valuation is the process of valuing real worth of the property. This is usually the sought value of the property in the market. Appraisals are needed after regular intervals because if compared to say corporate stocks, real estate transactions occur very sporadically. Not only that, but every property is different from the other, furthermore all properties differ from each other because of their location.
There are three traditional groups of methodologies for determining value. These are usually referred to as the “three approaches to value” which are generally independent of each other:
- The cost approach (the buyer will not pay more for a property than it would cost to purchase an equivalent).
- The sales comparison approach (comparing a property’s characteristics with those of comparable properties that have recently sold in similar transactions).
- The income approach (similar to the methods used for financial valuation, securities analysis or bond pricing).
FutureVision Property is the real estate valuation expert; its sole focus has been to provide its customers with the most accurate and timely real estate information possible. We believe that the best real estate information starts and ends with you getting exactly what’s required to make the right decisions. For delivering to your needs we have assembled the best possible tools, professionals and processes in the business. What sets us apart is that we will listen to all your business challenges and configure a required solution to meet your individual requirements. Future vision property also provides you commercial real estate valuation and advisory support to help you make the right property decision along with unmatched property valuation services, we have a team of dedicated professionals, their valuation and advisory services are designed to deliver the best insight into basics of a property, along with its rival and global market dynamics affecting value, now and in the near future. We believe that valuation can be a great strategic asset for investors and owners, provided that reporting is very clear, prompt and addresses the correct picture.
We provide our services in towns like Joliet, Plainfield, Romeoville, Bolingbrook, Woodridge, Downers Grove, Naperville, Aurora, Minooka, Channahon, Crest Hill, Lockport, Shorewood and more.