• Valuation DRC (Depreciated Replacement Cost method)

    Before starting the inspection, study the form to see the fields you need to fill. Below the fields there is a brief description of what you need to complete. Fill in as many fields as you can in front of the property during the inspection. If you have not completed the listing you can save it to continue when you are in your office. In order to do this, click the button at the bottom of the form titled "Temporary Saving for Post Processing". When you are done with all the fields you can click "Send". In fields where you fill in numbers, such as area, decimals are dotted.
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    Pick a Date
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    Pick a Date

  • Asset information

  • Select photos
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  • Location information

  • Land comparative information

    In the comparative valuation fields, you fill in% how much better (eg +5) or lower (ex. -3) is the estimated than the comparator. You select land comparatives that can build the surface of the main areas of the property under consideration.

  • Land Comparative 1 / C1

  • Land comparative 2 / C2

  • Land comparative 3 / C3

  • Land Value calculation

  • Construction costs calculation

  • A. Surrounding space and special facilities

  • Other constructions/improvements

  • Β. Building facilities

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  • In the table above, fill in the depreciation column the depreciation rate of the space due to age. Consider the year of construction or the last year of renovation separately for each site you evaluate. Depreciation varies between 1 and 3% per year. E.g. for a 10 year property the depreciation rate you could type is 10-30. In the field DO NOT fill in the% sign

  • C. Fees to third parties

  • Market Value calculation

  • Replacement Cost reduction factors on the Market Value:

  • The following 2 fields are informative and will help you estimate the investment value of the property.

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