VALUATION OF RESIDENCES THROUGH UTILIZING RATIO OF INTEGRATED CAPITALISATION
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Date
2017
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Journal Title
Journal ISSN
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Publisher
SELCUK UNIV PRESS
Access Rights
info:eu-repo/semantics/openAccess
Abstract
Right after the Second World War, determining the value of real properties gained importance in the countries, in which citizens had the right for real property possession. As for our country, importance of evaluating real estates noticed in late 1990's. Now in Turkey, evaluation is the only method for the determining of the market value of real properties used by private and public sector. Today, several methods have been used for evaluating real properties. One of them is the ratio of integrated capitalisation within income method. This method provides quite fast and accurate results for bankers, real estate consultants and judicial system operating in related market. Through using this method, evaluation of the residences in a region, located in Centre District, Province of Erzincan is aimed. Selling and renting values have been researched for integrated capitalisation ratios in evaluation of residences located in project field. Through utilizing integrated capitalisation ratios; market values of the residences, located in project field and whose revenues are known, can be determined. In the same way, through utilizing related ratio, current rental values of residences located in project field and whose selling values are known can be determined.
Description
Keywords
Valuation, Integrated Capitalisation, Income Method, Capitalisation Rate
Journal or Series
INTERNATIONAL JOURNAL OF ENGINEERING AND GEOSCIENCES
WoS Q Value
N/A
Scopus Q Value
Volume
2
Issue
3
