Value type | Valuation purpose |
Values as defined by International Valuation Standards | |
market | · sale; · reasoning financial decisions to increase the efficiency of real estate use; · for inclusion in the share capital. |
With the premise: current use | · value to the current owner; · reasoning financial decisions to increase the efficiency of real estate use. |
investment | · the investment decisions opportunity; financing real estate development projects. |
fair | · privatization. |
market rent | · rent. |
Other types of values | |
Replacement (reproduction) | · estimation of the damage; · estimation of the repair-rehabilitation works cost; determination of the insurance amount or the refund amount of incurred damage of the object with cultural/architectural value. |