Valuation L2/3

Question 1

Can you tell me how you analysed comparable evidence for your car park/ residential valuation (Leeds)

Question 2

Define EUV

Answer 2

MV +

• Buyer is granted vacant possession
  -disregarding alternative uses &
• Characteristics that would differ from that needed to replace the remaining service potential

Question 3

What is the difference between EUV and MV

Answer 3

EUV IGNORES :
- Hope
-Alternative use
- Increase in value from special investment where the owner would benefit from alternative use