Property valuation is the process which determines the economic value of real estate. The process of compiling a valuation can be considered both art and science, making valuation resources extremely useful. For sellers the correct pricing is vital for a successful sale. If a property is undervalued a fast sale maybe assured but the money[...]
Refurbishment is undertaken to combat depreciation and there are various reasons for refurbishment. The various reasons for this are; increased space and standards, more complexity equipment which require different accommodation, compliance with statutory requirements, upgrading of safety requirements, improvement of acoustic or thermal performance and more commercial competition in the market place. The extent of[...]
Green building is defined as a building incorporating design, construction and operational practices that significantly reduce or eliminate the negative impact of development on the environment (Green Building Council of South Africa, 2016). Such a building must be energy efficient, resource efficient and environmentally responsible. The objective of green building concept is to develop buildings[...]
