Technical Valuation Report
Technical Valuation of Property refers to the process of assessing the value of real estate based on specific technical parameters. This includes factors like the structural condition of the building, the quality of materials used, the age of the property, compliance with building codes, and the potential for future development. It often involves a detailed analysis of architectural and engineering aspects, as well as land features like topography, drainage, and access to utilities. Technical valuation helps in providing a precise, objective value, crucial for legal, financial, and investment decisions in real estate.
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