About Valuation

A Registered Valuer is a professional who conducts an assessment of the value of land and buildings. A valuation allows people to make informed decisions about the value of property for a variety of purposes.

There are many reasons people need valuers such as:

Buying:

• borrow money to purchase a property and the bank or broker requires a valuation
• how much to offer
• from a friend or relative
• in a private sale without a real estate agent

Selling:

• sell a property and need to know its current market value
• to a friend or relative
• in a private sale without a real estate agent
• advice on the method of selling
• tips for increasing the market value

Refinancing:

• refinance an existing mortgage based on the current value

Building and renovating:

• valuation of a new house from building plans
• valuation of proposed house renovations

Renting:

• market rent for a house

Subdividing:

• value of sections
• optimum section size, type and mix

Insurance:

• sum insured valuations for buildings

Relationship Property:

• valuations for relationship property agreements
• division of relationship property

Family Trusts and Estates:

• valuations for setting up a family trust.
• valuations for settling an estate.

Tax:

• dwelling and curtilage apportionments for GST

Litigation:

• expert witness