Assessing the impact of market trends on the accuracy of valuation figures during property valuations in Uganda

Abstract

Employing a descriptive research design, the study integratesquantitative data to comprehensively assess the impact of market trends on valuation figures. The snow ball sampling technique valuers identifying other potential participants who provided more dat. The findings offer practical insights and recommendations tailored to Kampala's real estate landscape, facilitating informed decision-making and professional development within the sectorThis research analyses the intricate relationship between market trends and property valuations in Uganda, with a particular focus on Kampala's urban landscape. Real estate valuation, a critical aspect of economic activity, is influenced by numerous factors such as economic indicators, regulatory frameworks, and local market dynamics. This study aims to address gaps in property valuation practices by examining challenges hindering the integration of market trends into valuation methodologies.Through a meticulous review of literature and empirical analysis, the research explores the impact of global, regional, and local market dynamics on property valuation outcomes, concentrating on Kampala's real estate sector.