Building Valuation of Building Valuation of a building depends on the type of the building, its structure and durability, on the situation, size, shape, frontage, width of roadways, the quality of materials used in the construction and present day prices of materials.
Valuation also depends on the height of the building, height of the plinth, thickness of the wall, nature of the floor, roof, doors, windows etc. The valuation of a building is determined on working out its cost of construction at present day rate and allowing a suitable depreciation.
Methods of Valuation
1) land and building Values
2) Rental Method of Valuation
3) Direct Comparisons of the capital value
4) Valuation based on the profit
5) Valuation based on the cost
6)Development method of Valuation
7) Depreciation method of Valuation Watch full video of valuation of building with sample calculation:
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