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What does a property valuation involve?

During a property valuation a valuer must physically inspect the property, measure the land and satisfactorily identify it against the title or plan of subdivision. The appointed valuer will physically measure the house, take a description of its condition and improvements, take a photo and review a minimum of three comparable sales from which to conduct a sales analysis. This information is then used to determine the value of the property. The valuer will then prepare a written report based on his or her findings.

 

If you need a valuation for a residential or commercial property please submit an enquiry or call WBP today on 1300 302 581 for a quote. And for more information visit our property valuations page.