Approaches to value
Commercial property & real-estate term
Different methods by which appraisers estimate the value of a property. Include: (1) cost approach, (2) comparison approach, and (3) income approach.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “A”
Amenities Assessed value Abstraction (extraction) method Accelerated depreciation Assemblage Adjusted cost base Accredited assessment evaluator (aae) Acquisition