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Q.

What is meant by Land Valuation?

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0 2023-06-26T17:16:26+00:00

Hi,

Land valuation is the process of assessing the monetary value of a plot of land. It entails evaluating a number of aspects, including size, zoning restrictions, accessibility, and the possibility of development or use. 

A market value assessment for the land is often provided by professional appraisers or valuers. This appraisal is important for many reasons, such as purchasing or selling properties, obtaining finance, resolving legal issues, or calculating property tax assessments. 

I hope this helps:)

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