Original Articles - Appraisal and rural economics
Abstract
In the traditional methodology the two main approaches to estimate the market value are the synthetic procedure and the analytic procedure, that correspond respectively to the market comparison approach and to the method for direct capitalization, according to the valuation standards. In professional practice, the two procedures are often used to confirm the final result of he appraisal or to verify the results of one with the other. However the main purpose of using the two procedures independently in the estimate of the market value is to incorporate more data and market information and to work with a broader range of methodological tools.