By Brrian Chesson
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10 Jul, 2021
A real estate property is worth what someone will pay for it. Knowing how to calculate your property’s value is important, especially once you decide to put it up for sale. Property valuation determines the economic value of a property. Such a value is based on various factors, including location and its current state. A professional surveyor visits the property, records notes, takes its photos and then sends you a copy of the valuation report. Getting your property assessed is crucial whether you’re buying or selling your property. In addition to understanding the fair market value of your house, it’s also essential in calculating the taxes related to it.