We must also consider the state apartments. In analyzing this option, you should consider five main options: required redecoration; need major repairs (the so-called dead); apartment after a fire (this greatly reduces the cost, as to weather the smell of fire is not possible, clean off all to concrete); renovated, is made renovation. The first and fourth options are almost no effect on the price, and only affect the speed of sale (buyer psychologically quickly agreed to purchase fresh pretty flat). In the second and third embodiment apartment can be sold at significantly reduced prices. But with the fifth all the more interesting. It's safe to say that the renovation (real, not pseudo) the sale is almost always estimated to be worth of only 20-30% of the invested in him for money.

Very often see vendors exhibitors apartment with a full value invested in the renovation of money and are not able to sell it six months or a year. Apply the following approaches: Evaluation of apartments costly approach. For a sufficiently developed market apartments Estimator, as a rule, when evaluating the apartments do not use the cost approach, it is mostly associated with a high probability abnormalities that arise when calculation of land rights (ownership of shares owned by each apartment owner in proportion of flat area to the total area of all residential homes). However, if you can not adequately other approaches appraiser has to evaluate the apartments cost approach, which is a special case of real estate valuation. Score apartments profitable approach. The income approach is based on the evaluation of apartments substitution principle and the principle of expectation. Assessment of income based on the premise that the value of any property depends on the amount of income, as expected, it will bring. The comparative approach in assessing the apartment.

Comparative approach to assessing the apartments is based on information on recent transactions involving similar properties on the market, similar in layout, number of rooms, location. Further amended to take into account the differences between the estimated apartment, and analogs, the price is adjusted counterparts, which makes possible the appraiser to conclude that the most probable selling price of similar apartments reflects the fair market value. Assessment of comparative apartments approach includes the following tasks: selection of objects counterparts, the study of their characteristics and sales price (purchase). Defining quality adjustments and the estimated location of the apartments and the current analogov.Otsenka value of the apartment.