Unit Block Valuations

Unit block valuations are essential in assessing the market value of a property containing multiple self-contained residential units within a single building or complex.

These properties are often held as investments or sold to individual owners, and their valuation requires a systematic approach considering various factors.

Key Factors in Unit Block Valuation

Rental Income Potential

The expected income from the property is a significant driver of its valuation.

Operating Expenses

Includes property management fees, maintenance, insurance, taxes, and utilities.

Capitalisation Rate

A metric used to estimate the rate of return on investment.

Comparable Sales

Examines recent sales of similar unit blocks in the area.

Conclusion

Unit block valuations require a combination of financial analysis, market research, and expert judgment. Whether for buying, selling, or refinancing, understanding these principles ensures accurate and reliable property valuations.

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