Current market valuations
A current market valuation will provide an independent opinion of what your property would be expected to sell for in the current market.
The valuation process involves determining a property’s Current Market Value by analysing property sales and applying adjustments, compared with the subject property, to reflect property differences and allow for changes in market conditions.
The underlying intent of the valuation process is to establish what a property might be expected to sell for if it were offered for sale. Market valuations can be assessed on a vacant possession basis, or subject to actual or potential rental streams.
Valuations reflect a property’s existing condition, but can also be extended to determine the value of a property upon completion of proposed improvements, such as renovations or additions. The benefit of seeking valuation advice before improvements to a property are undertaken is that the correlation between cost and added value can be determined before any money is spent.
Current Market Valuations are undertaken for a broad range of purposes, including; Mortgage Security / Lending, Financial / Asset Reporting, Acquisitions / Disposals, Portfolio Valuations, Matrimonial / Estate Purposes.
If we can be of assistance with any current market valuation requirements, please get in touch with us directly or by enquiry Enquire about a valuation