Real Estate Investment Project Economic Evaluation

The economic estimate for invest items of real-estate isa process which using modern science and technology, adopt theory of tech-economic to analysis, demonstrate, contrast and select the real-estate items. It includes finance estimate and national economy estimate, though have relation the two parts are different. The finance estimate is the core of economic estimate, and the national economy estimate is the presupposition. The economic estimate is the base of real-estate investment, it is the measure to rise invests benefit, and it is the guarantee to make the item have objectivity. Real-estate economic estimate is one of the most important parts in the items estimate.The economic estimate is the center of item feasibility research, and the result decides if the item will be invested. After a long time, the useful estimate method has been formed in West Country. The method be exercised in real estate invest decision-making and it made good effect.The economic estimate was also used early in china, form fifty' s 20 century, the government demand do . technical demonstrate or economic analyze in the period of design. After 1980, the economic estimate developed more quickly. Though three periods twenty years, we also get a lot of fruits, such as the measures and parameter for construct items' economic estimate which was promulgated by construct ministry in 1993 and the economic estimate methods for real-estate item invest which was promulgated in 2000. But both of them have some shortcoming, many parts should be consummated.These faultiness main represent in follow aspects:First of all, they have little guidance and not edit in time. Second, despise national economy estimate and lack foundation. Third, the personnel are low diathesis. The last but not the least important is that the estimate results have great gap contrast with the reality.In order to resolve these problems, we should make great efforts to build a useful real-estate economic estimate system.