The e2Value Economic Approach looks at the whole structure versus just the sum of the parts. It also factors in the market that helps determine the asset valuation. Think of the difference between 2% generic milk and that of organic milk. There will be small differences in how much it costs to produce the product, but the rest of the price is tied to premium brand awareness. Consumers pay for the logo.
This San Francisco Post article discusses e2Value’s Unique Economic Methodology For Property Valuation. e2Value co-founder Todd Rissel examines how financial transactions compare the whole of one asset to the whole of another. If the market is not factored into the asset valuation it creates a valuation gap.
e2Value’s estimators allow you to quickly and easily value homes of any size or age. You are able to value the smaller older homes and newer larger high value homes and everything in between, plus condos, co-ops, commercial properties, manufactured homes, log cabins, or farms and ranches. Our patented estimator can quickly calculate the cost of replacing a residential, commercial or farm structure. Contact us for more information about our estimator tools.