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Crossword Puzzle - Property Valuation 2

Horizontales
A value per unit estimate commonly used by valuers.
Expenses necessary to maintain the production of income
Loss in value due to deterioration and obsolescence.
The income approach technique used to convert a single year net income to an estimate of market value.
A specific investors’ perception of the capital sum that would be paid, or accepted, for a stream benefits.
Potential gross income, less vacancy and operating expenses.
To estimate market value.
A recent sale which is similar to the subject property.
Dollar amount required to construct an exact duplicate of the subject property at current prices.
A form of depreciation attributed to the wear and tear of the property over time.
Verticales
Value indication based on the present worth of the future rights to income.old properties.
Value estimate obtained by comparing the subject property with recently sold properties.
An approach to valuation which seeks to ascertain the Market Value of a development opportunity.
Cost estimate where major construction components (walls, roof) are segregated.
A rate that converts income to value.
Construction cost at current prices that is not necessarily an exact duplicate but serves the same purpose or functional utility as the original.
Interests where improvements are either being contemplated or are in progress at the valuation date.
Rental income divided by sales price
Unoccupied portions of a building.
Reasonable and probable use that supports the highest present value on the effective date of the valuation.
A technique whereby estimated future monetary cash flows over a specified investment period are discounted to present value.