002 Property Valuation: Art vs. Science

<p>Today, I would like to bring back an old discussion from my times as a student, on how art and science disciplines apply to property valuation. We will analyse the parts of the industry that relate to each discipline, and how they interact.</p> <p><span style="font-weight: 400;">What You Will Learn In This Episode:</span></p> <p><span style="font-weight: 400;">- What is considered art in property valuation, and what part is considered science</span></p> <p><span style="font-weight: 400;">- Why the uniqueness of some properties can only be understood from an art standpoint</span></p> <p><span style="font-weight: 400;">- The role of science in setting a value for a certain property</span></p> <p><span style="font-weight: 400;">Every piece of art is unique, and its artistic value will change depending on who is asked about it. Science is the complete opposite, where everything is measurable and comparable. But in property valuation, art and science are complementary, and they work together.   </span></p> <p><span style="font-weight: 400;">Resources:</span></p> <p><span style="font-weight: 400;">- My website:</span> <a href= "https://www.askrobco.com/"><span style= "font-weight: 400;">https://www.askrobco.com/</span></a><span style="font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">- Twitter</span> <a href= "https://twitter.com/askrobco"><span style= "font-weight: 400;">https://twitter.com/askrobco</span></a><span style="font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">- Instagram</span> <a href= "https://www.instagram.com/askrobco/"><span style= "font-weight: 400;">https://www.instagram.com/askrobco/</span></a><span style="font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">- YouTube</span> <a href= "https://www.youtube.com/channel/UCmo02uW8LTXUhfiKB2oDlyA"><span style="font-weight: 400;"> https://www.youtube.com/channel/UCmo02uW8LTXUhfiKB2oDlyA</span></a><span style="font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">- LinkedIn</span> <a href= "ht