As an Aprao user you have the luxury of being able target a residual land value either based on percentage of costs or gross development value. You can toggle the target rate of return using the residual site value button in the bottom right corner of the appraisal.
Watch Aprao's Property Development Masterclass Series - Episode 6 for a detailed tutorial.
In this episode, our CEO Daniel Norman explains how to calculate residual site values. He covers:
- What are residual site values?
- How to calculate them
- How to use a residual site value to help you negotiate.
You can watch the full episode here.