How are building prices calculated?

[Jeremy.]

Hi, today I was driving around in San Fierro and I randomly checked the price of a building. I was surprised as I saw the price of it being reduced even though it's a huge place with a big parking lot. I don't have any grudge towards any specific group but I would like to discuss it nicely without the topic being closed immediately. I don't see it fair how Chinatown can cost $475,000 meanwhile a huge bistro its only $533,960. I would like to hear under what circumstances you guys calculate the prices for a building since personally I don't see it fair at all. I gave as an example the Chinatown because it was the first place that came in my mind, there are plenty all around the state. I found it as a good example hence Chinatown has like, um, 2 garages in a small parking space which can't be used because the gate is not working.

Spoiler for SS of the price & the bistro itself:

Spoiler for SS of the price of Chinatown and the small parking place:

[Antonio.]

Properties are not priced correctly nor are new ones being set with correct prices; there are so many properties that are under the 300k base price for every business.

Regarding properties which have a parking lot but doesn't have the appropriate price: It means that the owner only holds the building and not the parking space. This can easily be distinguished by the price and the size of the property.

Someone should actually go over the the property prices again, since a lot of them are wrong, and with an economy that's so inflated as it is now, they should actually be set with the correct prices.

[Stivi]

But the parking is state property, at least that was some sort of logic used when evaluating property prices

[Acton]

after that many years now u realise that it's not correct, and it's upto hq what they set or not.. and btw u only find soprano prop for your arguement?

[Darty]

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[Khm]

Yeah true, the pricing is not set properly but do you think everyone is willing to have the risk of losing his/her/it property after evaluating prices? I'm pretty sure half of big properties' owners are gonna lose them which is going to cause a big problem within the server.

[Acton]

Yeah true, the pricing is not set properly but do you think everyone is willing to have the risk of losing his/her/it property after evaluating prices? I'm pretty sure half of big properties' owners are gonna lose them which is going to cause a big problem within the server.

correct answer withcorrect point, thank GOD u r nt talking about "ur" enemies XD

[TriHard89]

Businesses are calculated as so -

300000+(area price x location price x no. floors)

Area price is worked out by calculating the radius of the property by four corners so say it came to 867.  The location price is say $90 because it's in Chinatown (different prices for different locations) and the building had 3 floors. 

300000+(867 x 90 x 3)
= $534,090


Hope it helped.

[Paledian]

Businesses are calculated as so -

300000+(area price x location price x no. floors)

Area price is worked out by calculating the radius of the property by four corners so say it came to 867.  The location price is say $90 because it's in Chinatown (different prices for different locations) and the building had 3 floors. 

300000+(867 x 90 x 3)
= $534,090


Hope it helped.

Yeahhhhh Mathematician. I like it.  Yes it certainly helped me.

[Rei]

The bistro you're looking at, is a one floor business and the parking is a state one, its just the look of it that makes you feel dizzy about the prices.

while, the one you own, i think it has a gate in it (?) with 3floors and the parking lot it is not a state one.

[Thomas_A]

Its a problem in countryside aswell, tiny shacks costing over 120k and they've got interiors that doesnt ever fit into exterior.

[Shorty.]

I suggest to add new interiors that can fit the exterior..

[Khm]

Its a problem in countryside aswell, tiny shacks costing over 120k and they've got interiors that doesnt ever fit into exterior.

When you see me IG show them to me please. @Thomas_A

[Bennzy]

When you see me IG show them to me please. @Thomas_A

RIP my props

[Paledian]

Yeahhhhh Mathematician. I like it.  Yes it certainly helped me.

Mathematician I forgot to add one more thing. What about interiors? Won't they have their part to do in it?  That is different interiors have different prices what do you have to say about that?