Residual Method vs. Comparison Method: Valuing land with development potential
This article explores the tension between formal valuation practice and investment reality in assessing land with development potential. It examines why valuers often rely on the comparison method when approvals are absent, and contrasts this with the residual method, which…
Vacant Possession Vs Tenancy: What’s Best for your Condo Sale
Imagine this: you own a condo in a highly sought-after area that can fetch a good rental income. You’re planning to sell and wondering if having a tenant in place could help you get a higher price. We must consider…