Which property makes it easier to work out the value?
Commercial
Why?
While the value of a commercial property is dependent on a variety of factors, its value can usually be based around multiples of the rental income that it generates.
The value of residential properties however is dependent on things like the property itself, current market performance and buyer desire. Other considerations like sizing, location, features, highlights and benefits, among many others, also have an impact on pricing.
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This information is of a general nature only and does not take into account your objectives, financial situation or needs. We are not financial, legal or tax advisers. You should seek appropriate professional advice specific to you before acting on this information.
