Real estate assets appraisal report

Real estate assets appraisal report Part I: xxx project

I. Overview of the appraisal object

Brief introduction of appraisal object xxx

Basic information

Administrative Region: xxx Project Location: xxx

Building type: multi-storey, high-rise and super-high-rise property category: residence and villa.

Developer: China Merchants Property Company: China Merchants Property.

Opening date: 20 1 1 year1October; check-in time: 201June 4.

Basic parameter

Unit area: four rooms 137- 145 square meters. Decoration condition: blank

Covering area: 9 1244.242 m2, with a total construction area of 225,200 m2.

Floor area ratio: 1.5 Drinking water: municipal water supply.

Term of property right: 70 years

Peripheral facilities:

Shopping center: xxx

School: xxx

Kindergarten: xxx

Hospital: xxx

Bank: xxx

Second, the purpose of evaluation

Evaluate the real estate price of xxx project and judge whether its pricing is reasonable according to the results.

Third, the evaluation benchmark date

The benchmark date of appraisal is 2065438+August 2002 1.

Fourth, the evaluation method and process

According to the evaluation purpose and available data, we decided to adopt the market method to evaluate.

1. Select three comparable examples, as shown in the following table.

2, determine the correction coefficient

(1) trading situation correction. According to the transaction between the comparable property and the appraised object, if the appraised object is 100, then the property A is 85, the property B is 80 and the property C is 9 1.

(2) Modification of the transaction date. According to statistics, xxx real estate has been on the rise in recent years, with an annual increase of 75%. Therefore, the appraisal object is 100, Property A is 104, Property B is1kloc-0/,and Property C is 96.

(3) Floor area ratio correction. According to the plot ratio of the comparable real estate and the appraised object, if the appraised object is 100, it will be 107, 190 and 150 for a real estate.

(4) correction of regional factors. According to the prosperity of the area where the building is located, the appraised object is 100, while building A is 105, building B is 92 and building C is 90.

(5) correction of individual factors. According to the comparable examples and the individual characteristics of the appraised object, if the appraised object is 100, it will be 105 in Building A, 93 in Building B and 92 in Building C..

3. Using the market method, the discount rate is 8%.

(1) with a as reference, P= 14000? (85? 100)? ( 104? 100)? ( 107? 100)? ( 105? 100)? ( 105? 100)= 12945.03 yuan/meter?

(2) With B as reference, P= 12000? (80? 100)? ( 10 1? 100)? ( 190? 100)? (92? 100)? (93? 100) = 15762.438+0 yuan/m?

(3) With C as reference, P= 1 1500? (9 1? 100)? (96? 100)? ( 150? 100)? (90? 100)? (92? 100)= 12477.63 yuan/meter?

(4) By simply averaging the evaluation values of buildings A, B and C, it can be concluded that the unit price of the appraised property is: (12945.03+15762.21+12477.63)? 3= 13728.29 yuan/meter?

Verb (abbreviation of verb) evaluation conclusion

Based on the understanding and evaluation of xxx real estate, the evaluation results on the benchmark date of 20 1 August/2/day are as follows: the unit price of xxx real estate is 13728.29 yuan /m? The value of real estate is

309 16 10908 yuan.

The second part of the real estate assets appraisal report: Entrusted by the Housing Management Bureau of * * District, according to the relevant national regulations on assets appraisal and the principles of independence, impartiality, science and objectivity, and in accordance with the recognized methods of assets appraisal, * * Assets Appraisal Co., Ltd. conducted on-the-spot investigation on the houses in * * District, conducted necessary market investigation and performed other recognized and necessary appraisal procedures. Accordingly, we used the market method and income method to evaluate the market value of the entrusted assets on the benchmark date, which provided a value reference for the disposal of the house. At present, our asset appraisal has been completed, and the appraisal results are reported as follows:

Upon appraisal, as of the appraisal benchmark date of 20 15, the market value of the entrusted assets under the premise of continuous use is RMB eleven million three hundred and fifty-seven thousand two hundred yuan only (￥11357,200 yuan). See the appraisal schedule for the appraisal conclusion.

This report is only used for the evaluation purposes listed in this report and submitted to the relevant competent authorities for review. The right to use this appraisal report belongs to the entrusting party, and it shall not be provided or disclosed to others without the consent of the entrusting party. Except as required by law, all or part of the report shall not be published in any public media.

Important tips

The above contents are extracted from the asset appraisal report. If you want to know the overall situation of this appraisal project, you should read the full text of the assets appraisal report carefully.

* * District Housing Authority determines * * residential houses.

House-valued

Assets appraisal report

Word [20 15]No. *

I. Introduction

Entrusted by the Housing Authority of * * District, Assets Appraisal Co., Ltd. carried out the appraisal business in accordance with the relevant provisions of asset appraisal management, the principles of independence, objectivity and impartiality, adopted recognized appraisal methods and followed the necessary appraisal procedures, and fairly reflected the market value of the appraised object on the benchmark date of 2065438+April 30, 2005. The assets appraisal is now reported as follows:

Two. Entrusting party, property right holder and report user

Client: * * District Housing Authority.

Owner: * * District Housing System Reform Office.

Reporting user: * * District Housing Management Bureau * * District Finance Bureau.

Third, the purpose of evaluation.

The purpose of this appraisal is to provide value reference for the public disposal of residential houses.

Four. Scope and object of assessment

Appraisal object * * The house on the south side of the gate is a two-story commercial facade with a construction area of1111m2. The land use right certificate of the parcel where the house is located is Yu Guo Yong (*) No.40700200202 1GB002899, with the drawing number as. *, belonging to leased land. The expiration date of the land use right is 2* years, and as of the appraisal benchmark date, the house has not obtained the land use right certificate separately. The property ownership certificate number is Y.F.Q.M.Z. Zi *, the registration date is * *, the planned use is commercial, and the construction area is11/m2.

The appraised house was built in * with brick-concrete structure, covering an area of about * square meters, with ceramic tiles on the external wall and general interior decoration. The first floor; The second floor

There are two facades (frontage area * square meters, the other area * square meters), and the second floor has a building area of * square meters. There are three rooms, 1 bathroom, with complete lighting and water and electricity facilities, which can be used normally. At present, the two facades of the house have been rented out and used as fruit shops and lottery shops.

Verb (abbreviation of verb) value type and its definition

The value type of this appraisal report adopts market value.

Market value refers to the estimated amount of the value of the appraised object by the voluntary buyer and the voluntary seller in the normal fair trade on the appraisal base date without any means of coercion.

The purpose of the certified asset appraiser's asset appraisal business is only to estimate the value of the appraised object and express professional opinions. Appraisal result refers to the appraisal result put forward by the appraisal object for the purpose of appraisal when the economic environment and market conditions on the appraisal base date and the appraisal premises and assumptions on which other appraisers are based have not changed significantly, and cannot be understood as a guarantee or commitment to realize the value of the appraisal object.

Reference date of intransitive verb evaluation

(1) The benchmark date of this project evaluation is 2* years * months * days;

(2) The base date is closest to the actual operation date of economic activities, which can better reflect the asset status and meet the purpose of this appraisal. After consultation with the entrusting party and the asset possessor, * * * both parties determine this date as the appraisal benchmark date;

(3) The price used in the appraisal is the standard of 20* year * month * day.

Seven. Evaluation basis

(1) the basis of economic behavior:

1. Asset appraisal business agreement signed by our company and the Housing Authority of * * District;

2. The Housing Management Bureau of * * District requested the report on the housing disposal of * * residential quarters on * * day of * * year.

(2) Legal and regulatory basis:

1, the State Council 199 1. 9 1 Measures for the Administration of State-owned Assets Appraisal;

2. Decree number. Ministry of Finance 14(200 1) Provisions on Several Issues of State-owned Assets Evaluation and Management;

3. Interim Measures for the Evaluation and Management of State-owned Assets of Enterprises (OrderNo. the State Council SASAC12) (August 25, 2005);

4. Land Management Law of the People's Republic of China (revised on August 28th, 2004);

5. People's Republic of China (PRC) City Real Estate Management Law (revised on August 30, 2007);

6. People's Republic of China (PRC) Property Law (adopted on March 6, 2007 and implemented on March 0, 2007);

7. Other relevant laws, regulations and documents.

(3) Basis of evaluation criteria:

Asset evaluation criteria promulgated by the Ministry of Finance? Basic standards and professional ethics standards for asset appraisal? Basic Criteria (Caiqi [2004] No.20), the asset appraisal criteria formulated by China Asset Appraisal Association? Appraisal report and asset appraisal criteria? Appraisal Procedures and Assets Appraisal Criteria? Business engagement letter and asset appraisal standard? Working papers and asset evaluation criteria? Seven asset evaluation criteria such as real estate and guiding opinions on asset evaluation value types.

(4) ownership basis:

1. American property ownership certificate (MeidiziNo. *);

2, the United States with (*) * land use certificate;

3. Request for Instructions on Handling Commercial Facade Real Estate Procedures issued by Housing Management Bureau of * * District and Development Co., Ltd. of * * on * * of * * year;

4. Minutes of the meeting of American Association on issues related to * * gate construction.

(5) Price basis:

1. Records of on-site investigation, market investigation and inquiry of appraisers;

2. List of assets appraisal provided by the entrusting party;

3. Commercial facade lease contract to be evaluated;

4. The benchmark interest rate of bank loans announced by the People's Bank of China in March 1, 2065438.

(6) References and others

Eight. appraisal procedure

Appraisers comprehensively use the market method and income method to evaluate the market value of the house on the south side of the gate (the integration of real estate and real estate). There are three basic methods of asset evaluation: income method, market method and cost method.

Income method refers to the evaluation method of discounting the expected income of the assets to be evaluated at an appropriate discount rate to determine the value of the assets. The appraised house is planned for commercial use, and now it is rented out to others for store use, so the objective annual rent can be obtained, so the income method can be used for appraisal.

Market method refers to comparing the assets to be evaluated with comparable reference assets or standards, analyzing the factors that cause the difference in value, and then quantifying the difference to obtain the value of the assets to be evaluated. Because there are classes near the house to be evaluated.

For the transaction cases of comparable assets, the market method can be used in this evaluation.

Cost method refers to all reasonable and necessary expenses of materialized labor and living labor in the process of asset development or acquisition and holding, and comprehensively considers the time value of funds, profits, depreciation and other factors to obtain the evaluation value of assets. The historical purchase cost of the house is difficult to reflect its market value, so the cost method is not adopted in this appraisal.

Nine. The implementation process and situation of the evaluation procedure

(a) to accept the project entrustment, determine the purpose, object, scope and benchmark date of the evaluation, and formulate the evaluation plan;

(two) to guide the assessed unit to check assets, prepare evaluation materials, and verify assets and verification materials;

(3) Select evaluation methods, collect market information and evaluate;

(four) summarize the evaluation results, analyze the evaluation conclusions, write reports and internal audit.

X. Assessment hypothesis

This assessment adopts the open market hypothesis and the continuous use hypothesis.

1. open market hypothesis: the open market hypothesis is a hypothesis about the market conditions in which assets will enter and how assets will be affected under this market condition. Open market refers to fully developed and perfect market conditions, and refers to a voluntary competitive market for buyers and sellers. In this market, buyers and sellers have equal status, and have the opportunity and time to obtain sufficient market information. The transactions between buyers and sellers are conducted under voluntary, rational, non-mandatory or unrestricted conditions.

2. Assumption of continuous use: Assumption of continuous use is a hypothesis about the conditions for assets to enter the market and the state of assets under this market condition. First, the appraised assets are in use. Secondly, it is assumed that the assets in use will continue to be used. Under the assumption of continuous use, the application scope of the evaluation results is limited without considering the conversion of asset use or the best use conditions.

XI。 Evaluation conclusion

After implementing the above-mentioned asset appraisal procedures and methods, the market value of the assets entrusted for appraisal is RMB 11,357,200 Yuan only (￥ 65,438+065,438+0,357, 200 yuan). See the appraisal schedule for the appraisal conclusion.

Twelve. Description of special matters

1. The appraisal result reflects the market value of the appraised object under the assumption of continuous use, but the following factors are not considered:

(1) The impact of mortgage, pledge and guarantee that may be undertaken in the future;

(2) The influence of the extra price that may be paid by special counterparties or trading methods on the evaluation value;

(3) Changes in national macroeconomic policies and the influence of natural forces and other force majeure on asset prices. When other circumstances such as the purpose, conditions and principles of the above assessment change, the results of this assessment report will generally become invalid.

2. This appraisal agency made this appraisal based on the principles of independence, impartiality, objectivity and science. The appraisal agency, its staff and technicians who participated in this appraisal have no interest with the entrusting party, the asset possessor or other parties. This appraisal was completed under the supervision of relevant laws, and the appraisers strictly abided by professional ethics and norms during the appraisal process and did their best.

3. This appraisal report is based on the information provided by the entrusting party and the asset possessor, and the entrusting party and the asset possessor are responsible for the authenticity, legality and completeness of the information.

4. The appraisal agency and the certified asset appraiser do not guarantee the legal ownership of the appraisal object. If the appraisal conclusion is wrong due to the inaccurate information provided by the entrusting party or the appraised unit, the appraisal institution shall not bear joint liability. Thirteen. Explanation of restrictions on the use of evaluation reports

(1) The appraisal report can only be used for appraisal purposes and the purposes specified in the appraisal report;

(2) The appraisal conclusion of this project is only used by the entrusting party and the appraised unit for appraisal purposes and submitted to the real estate appraisal agency for review. The right to use the appraisal report belongs to the entrusting party and the asset owner. Without the consent of the appraisal agency, it is not allowed to extract, quote or disclose all or part of the contents of the appraisal report in the public media, except as stipulated by laws and regulations and otherwise agreed by the parties concerned;

(3) The evaluation report is valid for one year. That is, when the appraisal purpose is achieved within one year after the appraisal base date (that is, from * * to * * of 2* years), the appraisal result will be used as the reserve price or pricing basis (which needs to be adjusted in combination with the subsequent matters of the appraisal base date). After more than one year, assets need to be reassessed.

Fourteen Date of evaluation report

This appraisal report was submitted to the entrusting party on.

* * Assets Appraisal Company Limited

20* year * month * day