Evaluation of the market value of residential property

The article examines the application of three approaches to valuation of real estate for the purpose of selling residential real estate. This activity is applied when the property is involved in civil circulation. In other words, when real estate is sold, bought, given, inherited, deposited as collateral. The Federal Law "On Appraisal Activities in the Russian Federation" and Federal Evaluation Standards are regulated. The total value of the valuation object is determined by calculating the value of the valuation object when using the evaluation approaches and the appraisal (summarization) of the results obtained within the framework of applying different approaches to the assessment.