Why evaluation of construction in progress

not isolated cases, when construction is interrupted at a certain stage.And the reason for it may be a variety of factors: lack of money, disloyal policy developer at the changes in the market and much more.The target area of ​​unfinished construction project plays an important role, since it is possible to use it not only for its intended purpose, but also to convert, depending on the set permissions on this land.

Why assessment of unfinished construction

  • use this property as collateral for loans.However, there may be difficulties in assessing bank liquidity.
  • use of unfinished buildings as a contribution to the authorized capital.
  • insurance.
  • Purchase object in municipal property.
  • Statement building on the balance of the organization.
  • rank unfinished construction required for the transaction of purchase or sale.Most often, the new owner of the object expect additional spending on design, technical expertise, and connecting communications.Therefore, more willing to buy real estate, the documents which are in good order.
  • Decisions regarding the progress of the construction project.This refers to the extent to which real change operational assignment.Sometimes unfinished foundation allows you to completely rebuild it and make it suitable for completely different purposes.
  • Sometimes evaluation of construction in progress is used to bargain-hunting is not an object, and land that is under it.Since in most cases it is highly regarded not as such construction and footprint, which can be used for various needs.

rank unfinished construction professionals to the following documents:

- Total project cost estimate calculation.

- Technical characteristics and purpose of the object.

- executed at the actual cost and the base price of construction and installation works.

- Instruments of acceptance.

- Acts on the hidden works.

- Legal documents on the land.

- The carrying value of the object.

documents of ownership to construction in progress after the purchase confirmed by the budget documentation and permission to continue construction of the object.After completion of the work is given the right of ownership to it.And only then allowed to check in MBTI.

In most cases examination of unfinished construction assigned to buildings.An objective assessment of such a procedure requires to make the correct classification of objects.That is what will allow the future of unfinished act as property income.According to the norms of design of all buildings and facilities for the intended purpose are divided into several types:

- Manufacturing.

- Public.

- Residential.

Sometimes this assessment helps to see the actual construction cost of the project and to understand the situation on the real estate market.