#surveyingtips

Tags: #RealEstateValuation #MarketVsBookValue #PropertyInvesting #SurveyingTips #ReliantSurveyors

A common confusion with big consequences.

When it comes to real estate valuation, many property owners, especially first-time investors, confuse market value and book value.

Let’s break it down:

Market Value: What your property would sell for today, based on market demand, location, condition, and comparables. Determined by certified valuers like Reliant Surveyors.

Book Value: The historical purchase price minus depreciation—used in accounting, not an indicator of what the property is worth today.

Why it matters: Whether you’re applying for a mortgage, selling a villa, or preparing for a company audit, knowing the real difference can protect you from underpricing—or overpaying.