 |
||||||
What are the Circumstances of the Valuation?
There are usually three premises upon which valuations are typically performed
|
•
|
Existing Use | Value under existing operational, marketing and financial strategies |
|
•
|
Market Value | Price obtainable in the open market, which may also reflect alternative uses |
|
•
|
Liquidation Value | Price realisable in a constrained sale environment |