Property assessment

In the environment of economical reforms and legislative changes, in order to improve business management, fiscal necessity and investment environment, it is essential to know what is the value of assets we own by a certain period, because we should realize all the tendencies that will influence on the formation of their future value.

ACG will implement assessment of your material and non-material property, considering prices and factors existing on the market by that period and influences on the formation of their value.

Determine the value of your property and find out what capital you own and how rich you are?

Different types of defining value

  • Land

  • Buildings

  • Unfinished construction

  • Residing house (country house)

  • Vehicle

  • Functioning enterprise

  • Company share/stock

  • Determining lease rent

1) Property Assessment

In the environment of economical reforms and legislative changes, in order to improve business management, fiscal necessity and investment environment, it is essential to know what is the value of assets we own by a certain period, because we should realize all the tendencies that will influence on the formation of their future value.

ACG will implement assessment of your material and non-material property, considering prices and factors existing on the market by that period and influences on the formation of their value.

Determine the value of your property and find out what capital you own and how rich you are?

Different types of defining value

2) Market value

The concept of market value has the greatest importance in the society of business and real estate property. Taxation of real estate, court hearings and legislation also express active attitude towards the issues of market value.

Market value is evaluative amount, and the property should be exchanged between the seller and the buyer according to the principle of “open arm” after appropriate market research and the parties should act circumspectly and without coercion.

3) Value in use

Concept of value is based on productivity of economical production or it represents value of particular property necessary for specific use.

Specific fixed asset which is used by the company can have essential value in use for this company but it can have nominal market value for other purpose.

4) Investment value

Investment value represents value of specific property for particular investor. Investment value expresses subjective relations between private investor and given investment.

Value of functioning enterprise

Value of functioning enterprise includes:

5) Limited market and specific property

  • Land

  • Buildings

  • Unfinished construction

  • Residing house (country house)

  • Vehicle

  • Functioning enterprise

  • Company share/stock

  • Determining lease rent

Be aware how much capital will be yours!

Land

Base for evaluation land, as real estate is that every plot of land is unique according to its location and composition, also its supply is limited.

After land reforms in Georgia and generating private property on it, formation of land value is regulated according to market value. It was prompted by principles of requirement-delivery.

There is open and competitive market in Georgia in order to determine the value of land and it gives opportunity to conduct marketing research and analysis.

While assessment of agricultural land we should consider following issues;

  • Soil

  • Rights on Water

  • Climate

  • Harvest opportunities

  • Environment control

  • Right for using mineral recourses

  • Other things to be taken into consideration

While assessment of non-agricultural land we should consider following issues;

  • Prestige

  • Location

  • Size and form

  • Unity opportunity

  • Topography

  • Harvest opportunity

  • Approach

  • environment

  • utility service

Determine the value of your own land and find out how rich you are!