Why do I need a property valuation ?
There can be a number of situations that arise in life, where a property valuation is required. This may be prior to buying or selling, to settle property for marital reasons, for the taxation office in capital gains situations, for your lender when applying for a loan (in the vast majority of mortgage valuations, a lender will instruct us direct).
How is the property valuation done?
Our senior valuers make a mutually convenient appointment to inspect the subject property. They measure the physical dimensions of the residence, take note of the fit-out, level of accommodation, condition plus yard and ancillary improvements.
The rest of the research and work is completed away from the property.
Comparisons are then made with similar properties that have sold recently in the vicinity and conclusions drawn.
It is normal for a report to be available for faxing or email on the day of inspection and it is forwarded to you as instructed.
But I think that Sydney – if you can get your asset selection right, so avoid new greenfield estates, apartments and then you can get the investment grade suburb right, I think could be a good year to watch some really great blue-chip assets because Brisbane city property valuation services think it’s a little bit too early.You want to get into that per-em peeve accumulation phase where you’re not in a huge frenzy market. If you can buy good, quality real estate in that capital city when the market conditions turn, when the negotiating power sits back into the buyer, that’s a good thing.
It’s too early in early . But I would certainly be keeping an eye – particular for people as I said at the top who are border less and who don’t have a foothold into that market and who do want to have a foothold long term.Ben Kings on I think you make a great point and I think this is universal across every fly-around that we do and that is there’s still scarcity in four-bedroom, three-bedroom houses with land and fully utilized areas close to large employments and is in good life style drivers.So what we do see is when a cycle does turn, there’s still that person who has been hold in gon, waiting to think.
“Oh, why would I West Coast Valuers sell it? Why would I list now? Because every two months my values go up, $,.” So they’re now like, “Oh, actually, quick, I better list. I better get on.”So I think if you’re watching the supply side, even in that sort of scarce area and then seeing the number of buyers around, that’s the sort of research I think Bryce is talking about in the sense that that’s when you know don’t be greedy on the other side of it either and that is if a good buying opportunity comes up, and it represents fair value, not emotional value, but www.valsvic.com.au fair value, grab it because properties are long term investment. You shouldn’t be speculating on it in the first instance.