Adelaide Property Valuers Metro

A professional, certified property valuation is necessary for any matter relating to the subject property, regarding its value in either a private or legislative capacity. This may include law court matters, applications and adherence to government bodies and any other private matter that requires understanding the value of the subject property.

An independent property valuation guarantees an objective analysis without any hidden agenda or bias to cover any requirement you may need in order to understand the value of the subject property. As such, a valuation is completed by a certified valuer who is exclusively qualified to undergo extensive research to meet any associated criteria – legislative or otherwise – to determine its accurate market value.

A current market valuation of the subject property determines the value of the property in its present state within the current local property market. A current market property valuation report can be utilised for a variety of purposes across all property types and is valid for 90 days from the date of inspection. On the other hand, a retrospective valuation determines the value of the subject property at a previous point in history, or a retrospective date. This can be required for a number of purposes, particularly in matters of tax calculation, litigation matters or government applications.

A certified property valuation involves thoroughly researching and compiling evidence using our property database to calculate a property’s value. As such, an accurate market value is determined by objectively examining the internal and external factors of the subject property. A property valuation can only be completed by a certified valuer who has undergone thorough training with the Australian Property Institute (API) and is considered an industry professional.

A certified, independent valuation takes into account over 200 variables in regard to the subject property and the local property market. As such, a property valuation is the result of extensive research to give an all-encompassing report on the subject property.

A certified property valuation report provides an objective, unbiased analysis of the property completed by a certified valuer and is used for a wide range of purposes across all property types.

A certified valuation can guarantee an independently determined value based on objective data and a comprehensive analysis by an API qualified industry expert. As such, a property valuation can be used to determine value for both private matters of sale and transfer as well as adhering to complex and legislative requirements when needed.

An API certified property valuer is a leading figure in the property industry and can help inform decisions and minimise risk when it comes to any property matter. Certified property valuers are also exclusively qualified to provide valuations for legal and legislative purposes and can guarantee complete accuracy and transparency.

A certified property valuer is an industry expert who has undergone extensive education, training and professional practice to be qualified to perform a valuation. As such, each certified valuation report is based on acquired industry knowledge and experience that will provide reliable and supported evidence in regard to the subject property’s value.

A property valuer will analyse the location, geographical variables and any council or zoning restrictions. It will also assess the fixtures and fittings within the subject property, its site orientation and proximity to shopping districts, recreational amenities and public transport. Furthermore, a direct comparison of similar properties in the area while analysing the overall property market.

The calculation of a property’s value is determined using property databases and standardised methodologies as outlined by the API and International Valuation Standards (IVS). As such, this guarantees a completely independent valuation report free from any kind of influence or conflict of interest.

When determining residential property, there are two main methodologies that a certified property valuer will utilise to reach an accurate market value. The Direct Comparison approach is the most widely used methodology and will compare the subject property to similar properties in the local market.

In addition to this, the Summation approach is utilised exclusively by API certified property valuers to assess the replacement cost value of the subject property. The property valuer will assess any improvements made to the property, calculate its depreciation and assess this against the land value.

In order to determine the value of commercial property, a certified property valuer will utilise the direct comparison approach in conjunction with the Capitalisation of Net Income approach.

The certified property valuer will not only compare the commercial property to similar commercial buildings in the surrounding localities, but it will also assess the net rental income. From here, the property valuer will use the net rental income of the property and apply a capitalisation rate of return as determined by comparable sales evidence to reach its fair market value.