Valuation - Valuation - Residual / Devt. Appraisal 1

Question 1

What is a development appraisal?

Answer 1

A development appraisal is a tool to financially assess the viability of a development scheme.

Source: APC SUCCESS

Question 2

What is a residual site valuation?

Answer 2

Residual site valuation is used for a specific valuation of a property holding to find the market value of the site based on market inputs.

Source: APC SUCCESS

Question 3

What is the methodology for a residual site valuation?

Answer 3

The methodology for a residual site valuation involves calculating the Gross Development Value (GDV) and using the Comparable method of valuation to establish the site value.

Source: APC SUCCESS

Question 4

What are total development costs (TDC) typically comprised of?

Answer 4

Total development costs (TDC) typically include site preparation, planning costs, building costs, professional fees, and contingency.

Source: APC SUCCESS