METHODOLOGY FOR DETERMINING THE VOLUME AND MARKET VALUE OF VOID SPACE PROPERTIES FOR THE PURPOSE OF A SALE, TRANSFER OR DONATION

METHODOLOGY FOR DETERMINING THE VOLUME AND MARKET VALUE OF VOID SPACE PROPERTIES FOR THE PURPOSE OF A SALE, TRANSFER OR DONATION

A method for determining a volume and market value of void space properties comprises: determining a correct amount of void space to be utilized in an appraisal; performing a three-dimension volumetric calculation to determining the amount of void space to be appraised; determining reproduction cost...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: LIMB J. S
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A method for determining a volume and market value of void space properties comprises: determining a correct amount of void space to be utilized in an appraisal; performing a three-dimension volumetric calculation to determining the amount of void space to be appraised; determining reproduction cost for the void space; providing detailed information as to how various costs are allocated as part of the appraisal process; adjusting the reproduction cost derived market value by comparing the reproduction cost derived market value with other market comparables derived from actual sales of void space properties which have been sold based on the amount of void space in question; and adjusting the market comparables to match the void space property being appraised.