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The market value of property which is also called guidance value will help you to assess the worth of a property. This is important for buying and selling property. The market value of property can be calculated using various methods.
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How to do the market value of property calculation online Increasing land value in India • Because of location, size, shape as well as level and legalities. • Different methods of the Market value of property calculation are used.
Five methods of market value of property calculation • Belting method – Divide the plot into three belts and examined it at individual prices. • Land and building – Determine land and building value separately. • Comparative Property Valuation Method - Assess similar properties value in the locality. • Development Method – Assess according to the area development. • Guidance Value Method – According to a minimum value for various properties set by the state government.
Calculate market value of property online • Enter required information in the property valuation calculator. • Enter information related to your property.
The market value of property is the lowest price it can be sold at. • A seller has the right to sell the property at any rate. • If purchase amount is lesser than the market value, then pay the property tax. • If the amount is greater, pay the taxes accordingly. Some factors to consider about land valuation