Windmills undertakes commercial valuation with the intent of determining the estimated market value of a commercial property, which can be a building, villa compound, shop, or office. The market value is the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction and where the parties had each acted knowledgeably, prudently and without compulsion. Commercial valuation serves several purposes, such as buying or selling a property, obtaining financing, negotiating leases, internal audit, financial reporting purposes and assessing property taxes.
Apart from the standard factors looked into while evaluating a real estate property, commercial valuation may require a more in-depth analysis of the property’s income potential, rental rates, and occupancy rates, current market rate of return / yield as these factors can have a significant impact on the property’s value. Windmills generally relies on Income based approach for undertaking valuation of commercial properties considering that the subject property is usually income generating in nature.
Precise Data Output
Scientific derived valuations through extensive market research
Compliant with Local Standards (RERA) and
International Valuation Standards (IVS)
Dependable relationship with commercial real estate consultants
Validated by Expert
All valuations signed by senior RERA and RICS registered valuer