两种房地产评估方法被应用于本文中,比较法和投资法,评估一处房产的价值。

PROPERTY VALUATION REPORT – EVALUATE TWO

INVESTMENT METHODS

1. Subject Property

1.1 Basic information about subject property

This subject property is located in Dushu Lake Higher Education Town, Suzhou, China. According to the line planning of Suzhou rail transit, there will be a station near Hyde Park in 5 to 6 years (SRT, 2012). It is an apartment with a floor area of 120 m2, which has been bought by a couple in April, 2012. The housing price at that time is 9000 RMB/m2. Now, this apartment is rent for a family. The rent price is 3000 RMB/per month.

1.2 Objective of property valuation

This couple, who owns the subject property, wants to sell it since they prepare to go abroad for settlement. Because they do not know the property market clearly, they hired me to evaluate their apartment under current market environment and provide them a proposal when and how to sell their apartment can get maximum return.

Therefore, two kinds of selling methods will be provided for this couple. First one is to sell the apartment right now. Comparative Method is gonging to be used to evaluate the housing price under current situation, because it is one of the most basic and popular method (Wu, 2010). Then the return will be calculated. Second selling method is to rent it for a period, then sell the apartment a few years later. Similar cases are compared for purpose of providing suitable renting price. Besides, through researching policies and property market, the best time to sell this apartment will be provided. Then, Investment Method will be used to calculate the subject property price in the future, because this subject property has potential value rising. 1.3 Date of property valuation: November 1st, 2012.