Professional municipal and rateable property valuations using the Depreciated Replacement Cost method
Rating Valuation is specifically designed for the valuation of rateable properties, including municipal buildings, public infrastructure, and properties requiring statutory valuations for local authority rating purposes. Our system utilizes the Depreciated Replacement Cost (DRC) method, meticulously accounting for all depreciation factors to deliver accurate, defensible valuations.
Key Insight: The DRC method is ideal when there is limited market data or when properties have specialized uses that make comparable sales analysis impractical.
Comprehensive cost analysis based on current construction rates, materials, and labor costs. Automatically calculates the cost to replace the property with a modern equivalent.
Advanced depreciation modeling covering physical deterioration, functional obsolescence, and economic obsolescence. Factor in age, condition, and remaining useful life.
Detailed evaluation of construction elements, building materials, quality of finish, and compliance with building standards for precise cost estimation.
Generate accurate insurance valuations based on full replacement cost, ensuring properties are adequately insured against loss or damage.
Automated generation of valuation reports compliant with local authority requirements and statutory regulations for municipal rating purposes.
Track valuation history over time, monitor depreciation patterns, and maintain comprehensive records for audit and review purposes.
Determine the Gross Replacement Cost by analyzing current construction costs, materials, labor, and professional fees required to build a modern equivalent.
Factor in physical deterioration based on age and condition, functional obsolescence from outdated features, and economic obsolescence from external factors.
Arrive at the Depreciated Replacement Cost (DRC) by subtracting all applicable depreciation from the GRC, providing an accurate rateable value.
Industry-leading precision in cost estimation and depreciation modeling ensures defensible valuations.
Built-in compliance with local authority requirements and statutory regulations for rating purposes.
Detailed reports with full breakdown of costs, depreciation factors, and supporting calculations.
Streamlined workflow reduces valuation time by up to 60% compared to manual methods.
Join professional valuers across Botswana using Rating Valua for accurate, compliant municipal valuations.
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