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Old 19-09-2007, 05:28:28 PM     #18 (permalink)
olebean

 
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Quote:
Originally Posted by grandin View Post
impossible:- fair market valuation can be achieved and there is longevity

....based on a feeling

.... too little sales and each one is too unique

..... value is based on what you think you can do with it not what it actually does i.e. when you purchase there is nothing but air

it is only with a revenue stream can you then calculate a real value

Lee

Interesting comments from an individual that in involved in houses.. Totally disagree! If you look at the historical context of valuing house there are huge similarities..
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