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Old 19-12-2006, 08:23 AM
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Join Date: Aug 2005
Location: Kowloon
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lionrock88 has a spectacular aura aboutlionrock88 has a spectacular aura aboutlionrock88 has a spectacular aura about
Question Flat with a terrace

This one is for all you property gurus out there.

How do you go about valuing a flat with a large terrace? For example, say flats without terraces in a bldg are going for around $1000 psf, how do you value a flat with a terrace? Is there a rule of thumb or some other method that appraisers use?

Thanks for you help!
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