Homogeneous zones refer to groups of real estate properties within the same development area (urban or rural) that share the same specific use (commercial, residential, industrial, agricultural, livestock, or forestry). These properties are classified under a similar use type and value category, with defined value ranges, and can be geographically delimited on a map.
Homogeneous zone maps are a key tool in real estate appraisal, as they allow for the identification of areas with similar characteristics in terms of land use, infrastructure, capital gains, and market conditions. For ARAICA , these maps are essential in accurately determining a property’s value, facilitating comparative analysis and ensuring that each appraisal accurately reflects the reality of the area. This methodology allows for the segmentation of territories using technical criteria, which provides greater coherence to estimates and allows for clear justification of the variables that affect a property’s value.
Its application significantly improves transparency in decision-making, providing solid technical support for real estate purchase, sale, and investment processes. It also strengthens the credibility of reports with financial institutions, clients, and investors, and allows for anticipating market trends based on territorial patterns. At ARAICA, we integrate these maps as an essential part of our commitment to accuracy, professional ethics, and excellence in every appraisal we perform.
Consúlta ARAICA
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