A real estate agent’s appraisal and a property valuation from a certified valuer are both used for property assessments, although there are some crucial differences. Appraisals are informal inspections that establish an estimate of your property’s selling price. These are conducted by agents who require no formal valuation training. Their appraisals are subject to bias […]
A property valuation is a common method for managing and maintaining the value of assets. Knowing the current market value can help you to make informed decisions on buying, selling or improving your property. benefits of an accurate appraisal are plentiful. Our team of Certified Practising Valuers (CPVs) are ready to guide you on your […]
Knowing how much your property is worth is an important part of owning commercial real estate. It can help owners get a clear understanding of where they stand financially. A commercial property is a building that houses an organization whose purpose is to generate income and make profits. Determining the value of a commercial property […]
Most homeowners are either curious about the current market value of their home or need a report for an official purpose. Whatever the case may be, there are many ways to find out the value of your home. The best and most accurate way to find your property value is by having an independent valuation. […]
Independent Property Valuation Property is a complicated business. The needs and conditions of the market change every day. The savvy investor has to keep up with this pace. As anyone with experience will tell you, it’s best not to go in it alone. What does this mean for the value of your investment then? Above […]
What is a sworn valuation? You may have heard of an independent property valuation; well, a sworn valuation is essentially the same thing. Both refer to a rigorous process carried out by qualified professionals to determine the value of any given type of property. The process results in a legally certified valuation report.
A property valuation in Melbourne is usually needed before making a large financial decision or during a stressful time. Whether you’re applying for a mortgage, doing your taxes, settling assets, or doing anything that requires a valuation, hiring the right property valuer is crucial. A good property valuer can make all the difference and might […]
All valuations come with their own set of requirements. When writing up our valuation reports in Melbourne, in general, we follow the International Valuation Standards (IVS). Following these standards of a valuation report, it will include such details as: Purpose of the valuation: What is the exact reasoning for the valuation, for example, to prove […]
Property valuation reports are detailed documents that provide the value of your property. This value is typically the current market value of the property. The report is made by a professional valuer which is not to be confused with a real estate agent. Unlike informal appraisals from realty agencies, a valuation can be used for […]
Typically there are 6 ways to calculate the value of a commercial property: Comparable Sales Method Gross Rent Multiplier Capitalisation Rate (Cap Rate) Summation Method (Cost Approach) Hypothetical Development Method Replacement Cost Method With the most popular being Gross Rent Multiplier and Comparable Sales. Though it is possible to calculate the value of your commercial […]
Investing in property is a decision that should not be taken lightly. As with any investment, there are advantages and disadvantages to investing in property. In this blog post, we will discuss what you need to know when it comes to investing in real estate. Investing, not only is it a great way to diversify […]
First-time homeowners are always faced with the difficult decision of how to budget for their first home. The mortgage, utilities, and taxes can be overwhelming! This blog post will help you know what you should expect when it comes to money matters. We’ll also give you some pointers on how much to spend on furniture […]
If you are tired of living under the thumb of your landlord, then it may be time to buy a house. When you own property, there is no one else that can tell you what to do with it-it’s all up to you! Here are five reasons why buying a house will change your life […]
The decision to live in a house or an apartment is not often a simple one. There are plenty of pros and cons to consider no matter which option you choose. Though the debate will likely never end, it’s always good to be aware of all your options before making any final decisions. If you’re […]
House flipping is a concept that has become very popular in recent years. It is a real estate investment method that has the benefit of producing profits faster than more traditional approaches. The common way of investing in real estate is the buy-and-hold method, which relies on rental income to cover mortgage costs. Of course, […]
There are many reasons you may require a property valuation, and the common factor in most of these cases is that it will help you make major decisions or changes related to your largest asset. As such, you may have some nerves regarding your valuation. A property is a very important asset, and thus any […]
What justifies the efforts of hiring a professional property valuer? You could, after all, choose to get your assets appraised by a real estate agent or decide to get an automated online valuation report that may save you on expenses in the moment. However, the seemingly tedious process of hiring an independent valuer is precisely […]
The value of a property is not static. Many variables can influence and change property values. Knowing what these are can only help when you are looking to buy, sell or invest in real estate. If you are looking to improve the results of your property valuation, it is important to keep in mind there […]
