Different type of property holder make demand for acknowledgment of fair price of the property. Existence of the property valuation process is beneficial for fulfillment of the demand made by different type of property holder. Because of the standard methods of property valuation true value of the property can be identified. The actual usage of the property can be known to the holder of the property on the basis of outcomes which is been gain through the process of valuation on property. Appropriate selection of method is to be done by the valuer on the basis of type of the property. If in case land is to be valued by the valuer then different suitable activities is to be carried out in the process of land valuations in such a manner which can give satisfaction to their clients.
Several sort of legal rules and regulation is been binded to the process of valuation due to which legacy is to be maintain. Control can be done over the unfavorable activities which do affect to the process of valuation. Due to successful outcomes of valuation process positive impact can be developed in the mind of different type of property holder. Decided targets and strategies can be accomplished because of the efficient output of valuation process. Various type of problems gets solved because of the accurate outcomes of valuation. Holder of the property can able to do best use of finance by taking effective and right decision on the basis of valuation outcomes.