Residential Valuation

Windmills undertakes residential property valuation for determining the estimated market value of a residential property, which could be an apartment, townhouse, villa or even a piece of Land. 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. Windmills undertakes residential valuation for a variety of purposes, such as buying or selling a property, obtaining a mortgage, getting immigration / visa, or settling real estate disputes.

The process of residential valuation involves the analysis of several factors that affect the value of a property. These factors may include the location of the property, its size, age, condition, view, position, exposure and any recent renovations or upgrades. Other factors may include recent sold transactions of similar property, current state of the real estate market, the demand for similar properties in the area, and any zoning or regulatory restrictions that may impact the property’s value. As prescribed by the valuation standards, Windmills typically adopts market-based comparison method for undertaking residential valuation.