Melbourne Property Valuation https://www.melbournepropertyvaluation.com.au Property Valuers Melbourne Thu, 30 Jan 2020 09:10:19 +0000 en hourly 1 https://wordpress.org/?v=5.3.3 https://res.cloudinary.com/melbourne-property-valuation/image/upload/$wpsize_!thumbnail!,w_150,h_150,c_scale/v1559018040/cropped-mpv3fav_bwj7hi.jpg Melbourne Property Valuation https://www.melbournepropertyvaluation.com.au 32 32 Real Estate Valuer http://www.melbournepropertyvaluation.com.au/real-estate-valuer/?utm_source=rss&utm_medium=rss&utm_campaign=real-estate-valuer Tue, 30 Apr 2019 07:02:44 +0000 https://www.melbournepropertyvaluation.com.au/?p=16208 Are you looking for a real estate valuer? It is important to understand that a real estate agent is not a real estate valuer, and vice versa a real estate valuer is not a real estate agent. Each profession specialises in a particular field and a real estate valuer, who is more commonly known as […]

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Are you looking for a real estate valuer?

It is important to understand that a real estate agent is not a real estate valuer, and vice versa a real estate valuer is not a real estate agent.

Each profession specialises in a particular field and a real estate valuer, who is more commonly known as a licenced or sworn property valuer, is someone who is professionally qualified and registered as a property valuer and acts an an independent and impartial expert who determines the value of real estate/property.

A real estate valuer is a member of the Australian Property Institute and usually specialises in a particular area of property valuation. Some property valuers undertake mortgage valuations, whilst others may practice family law property valuations, commercial property valuations, or rural property valuations.

There is a wider range or property valuation fields than almost anyone outside of the field understands, and as most of the public does not use a property valuer regularly, there can be some confusion as to their qualifications and even their role in the property industry.

 

Why not just use a real estate agent – and the best part is they are free?

A real estate agents role is primarily to help vendors sell property, and all of their activities revolve around this. They may try to wear different hats, but they have to earn an income so property sales are the focus. Anything to help them achieve sales may be used, but they are not there to provide fully independent and unbiased opinions. Anything offered for free usually comes with string attached.

That is the role of a real estate valuer who does nothing other than work in the role of providing expert and fully independent property valuation advice to clients. This advice may be for simple and relatively straight forward reason, or may be used to help settle disputes or as expert witness evidence in court or mediation.

A real estate valuer is a specialised field, and Melbourne Property Valuation only uses valuers who have more than fifteen years experience to ensure you receive the highest quality advice and service.

 

 

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Domain Property Valuer http://www.melbournepropertyvaluation.com.au/domain-property-valuer/?utm_source=rss&utm_medium=rss&utm_campaign=domain-property-valuer Tue, 30 Apr 2019 05:05:07 +0000 https://www.melbournepropertyvaluation.com.au/?p=16201 Are you searching for a domain property valuer? Many clients are confused with the terms used for a property valuer, and may search for terms that are a little out of the usual. Real estate valuations are conducted by certified practicing valuers who must be licensed with the Australian Property Institute. All property valuers must […]

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Are you searching for a domain property valuer?

Many clients are confused with the terms used for a property valuer, and may search for terms that are a little out of the usual.

Real estate valuations are conducted by certified practicing valuers who must be licensed with the Australian Property Institute.

All property valuers must maintain current membership which includes ongoing professional development.

Property valuers have been called in the past sworn valuers which relates to swearing in a legal sense, a domain property valuer, property evaluators, house evaluators and property evaluators.

All theses terms relate to one single professional – a certified practicing valuer (CPV) who is registered with the Australian Property Institute (API).

Valuation reports will include a registration number to certify a property valuers registration. ie John Doe 61234 CPV (API.)

So if you are looking for a Melbourne property valuation is is worthwhile understanding that whilst there are means terms used for a property valuer, they all mean the same thing.

A domain property valuer is really just a CPV registered with the API who can provide you with idepanct property valuation advice.

We are not real estate agents, leasing agents, mortgage brokers or anything else and specialises in property independent property valuation advice that you can rely on.

 

If you have any further questions regards in domain property valuer feel free to contact us for further information.

 

 

 

 

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Property Valuation Melbourne http://www.melbournepropertyvaluation.com.au/property-valuation-melbourne/?utm_source=rss&utm_medium=rss&utm_campaign=property-valuation-melbourne Mon, 16 Jul 2018 03:50:45 +0000 https://www.melbournepropertyvaluation.com.au/?p=3753 A house property valuation in Melbourne is a common reason for enquiries by our clients.

We are the leading house property valuers in Melbourne, and all of our property valuers have in excess of fifteen years full time valuation experience in Melbourne.

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A house property valuation in Melbourne is a common reason for enquiries by our clients.

We are the leading house property valuers in Melbourne, and all of our property valuers have in excess of fifteen years full time valuation experience in Melbourne.

Having such extensive and local valuation experience counts.

Residential property valuers in Melbourne are not all equal, and you need to check before you engage an experienced property valuer to ensure you receive a high quality property valuation report and advice. The lowest price is not usually the best way to choose a property valuer, or for any other professional service.

Melbourne Property Valuation specialise in low volume, high quality  work and do not undertake mortgage valuation for banks or other finance purpose to ensure we remain focused on high quality client focused house valuations in Melbourne.

The property market has seen significant changes over the past five years, and the outlook in uncertain in regard to property price changes.

If you have any question in regards to a property valuation Melbourne, or are looking for a property valuers Melbourne then please contact for further information or a quote.

 

 

 

 

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Independent property valuations http://www.melbournepropertyvaluation.com.au/independent-property-valuations/?utm_source=rss&utm_medium=rss&utm_campaign=independent-property-valuations http://www.melbournepropertyvaluation.com.au/independent-property-valuations/#respond Sat, 14 Jul 2018 05:45:16 +0000 https://www.melbournepropertyvaluation.com.au/?p=3738 Independent property valuations are provided by registered or licensed property valuers.

Clients who use our services understand the need to have truly independent property advice when making important decisions, and that the relatively small cost of a house valuation is insignificant when it comes to the value of the property and making the correct decisions with it.

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Independent property valuations are provided by registered or licensed property valuers.

Clients who use our services understand the need to have truly independent property advice when making important decisions, and that the relatively small cost of a house valuation is insignificant when it comes to the value of the property and making the correct decisions with it.

Real estate agents are always bombarding you with offers for a free appraisal, and this is done to try and generate sales leads. The generation of new listings is the hardest part of a real estate agents job, not the selling.  To help with the generation of new listings they will provide you with information and an appraisal of the properties value, and fall over themselves to do it.

Unfortunately the figure provided may be influenced by the need to try and gain an owners property listing, and most client realise that an agent’s opinion is not truly independent or always accurate.

That is where we come in providing independent property valuations.

Clients are provided with an agreed fixed price fee, and the valuers role is to provide truly independent property valuation advice that is not coloured by any ulterior motives.

After many years experience, it has never changed, and clients almost always just want the same thing, information they can rely on.

Pre sale and pre purchase valuations are a major reason for an independent property valuation, along with divorce and family law property settlements, estate settlements and inter family sales where one family member wishes to buy the property of other family member who also own a share.

We have discussed on some of our other website pages what a property valuer is, how they work and what you will receive from them when you ask for a property valuation.

We suggest that if you are interested in a house valuation, or any other type of property valuation you ask any valuer you are considering using their experience and registration details, how long a report will, what type of report will you receive and have they valued many properties in the area like yours recently.

I hope have found this post about independent property valuations is useful, and if you have any question feel free to contact us.

 

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Sworn valuers Melbourne – sworn valuation Melbourne http://www.melbournepropertyvaluation.com.au/sworn-valuers-melbourne/?utm_source=rss&utm_medium=rss&utm_campaign=sworn-valuers-melbourne http://www.melbournepropertyvaluation.com.au/sworn-valuers-melbourne/#respond Sat, 14 Jul 2018 04:55:15 +0000 https://www.melbournepropertyvaluation.com.au/?p=3734 Are you looking for sworn valuers Melbourne?

Do you know the term sworn valuer means the same thing as a licensed or registered property valuer, and it relates to a licensed valuers report being used in court, and it having to be sworn into evidence.

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Are you looking for sworn valuers Melbourne?

Do you know the term sworn valuer means the same thing as a licensed or registered property valuer, and it relates to a licensed valuers report being used in court, and it having to be sworn into evidence.

The term sworn valuer is an old term that has been predominantly replaced by either the term registered valuer or licensed valuer. All three terms have the same meaning and are interchangeable names for a registered property valuer who is a member of the Australian Property Institute, and the local state chapter of it.

In Victoria all property valuers are registered with the local head office which is situation in Beach Street, Port Melbourne.

We have detailed elsewhere on our website what a property valuer is, and how a person may become a property valuer, so this post is just a clarification in regards to the term which we still occasionally hear from client when looking for a property valuer.

All property valuers must maintain ongoing membership of the API and undertake the ongoing training and professional development as required.

As sworn valuers, a large percentage of our work relates to matters that are legal in nature, and are used in mediation or court.

In some of these cases we are required to sign an affidavit where we will swear in front of a qualified witness such as a solicitor that the report we have provided is true and correct, and that we are registered property valuers.

The report is then submitted to court as evidence. In cases where a dispute cannot be resolved it may require the appearance of the property valuation in the witness box to provide further evidence and be cross examined if required by the other parties.

Sworn valuers Melbourne are a big part of our valuation practice and if you have any questions in regards to the term, what services we may be able to provide you, or anything else feel free to contact us for further information.

If you are after some further reading in regards to sworn valuers Melbourne the link below may be helpful:

https://www.melbournepropertyvaluation.com.au/what-is-a-property-valuer/

 

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Retrospective valuation – backdated property valuation http://www.melbournepropertyvaluation.com.au/retrospective-valuation-for-cgt-immigration-estate-settlement-house-valuation/?utm_source=rss&utm_medium=rss&utm_campaign=retrospective-valuation-for-cgt-immigration-estate-settlement-house-valuation http://www.melbournepropertyvaluation.com.au/retrospective-valuation-for-cgt-immigration-estate-settlement-house-valuation/#respond Wed, 11 Jul 2018 07:20:22 +0000 https://www.melbournepropertyvaluation.com.au/?p=3723 A retrospective valuation is where a client ask for a property to be valued as at a certain time in the past.

It may be an unfamiliar term to you, but it is a common request from clients to have a retrospective property valuation.

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A retrospective valuation is where a client ask for a property to be valued as at a certain time in the past.

It may be an unfamiliar term to you, but it is a common request from clients to have a retrospective property valuation.

 

What is a retrospective property valuation or a backdated property valuation?

A retrospective property valuation is a valuation of a property as at a specific time (or times) in the past. The property may be inspected at the present time, but the valuer will value the property as at a date in the past, and this may be for capital gains tax, immigration, stamp duty or estate settlement purposes for example.

The valuation figure will confirm what the property was worth at the retrospective date and can be used by the ATO, the SRO or all other government departments as needed.

 

Okay, so how do you complete a retrospective valuation?

Like with most other valuations the process is similar, whereby we will confirm the property to be valued and the date/s it is to be valued at. We will also confirm with you the condition of the property as at the retrospective date, and changes that may have occurred compared to our current inspection.

Once the inspection has been undertake the valuer will review sales of similar properties that sold around the retrospective valuation date, and use this as a basis for determining a market value of the property as at a past date.

The state of the property market, interest rates etc will also be considered as factors.

We conduct a large range of retrospective valuations for capital gains tax purposes, and it is crucial that the value provides a client with a high quality and accurate report to ensure no more tax is paid than necessary.

Another area for retrospective valuations is for expert witness and litigation. We undertake the valuation of properties in the past where the client may for example feel the property was sold under it true market value ie: in a mortgagee situation and our report may be used in evidence during legal proceedings.

There have been a number of settlements made by banks to clients in this area recently that we are aware of for example.

If you have any questions regards a retrospective property valuation feel free to contact us for further information.

https://www.melbournepropertyvaluation.com.au/retrospective-property-valuation/

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House Valuation Melbourne http://www.melbournepropertyvaluation.com.au/house-valuation-melbourne/?utm_source=rss&utm_medium=rss&utm_campaign=house-valuation-melbourne http://www.melbournepropertyvaluation.com.au/house-valuation-melbourne/#respond Wed, 11 Jul 2018 06:07:01 +0000 https://www.melbournepropertyvaluation.com.au/?p=3719 The most common form of property valuation is a house valuation Melbourne.

As local property valuers in Melbourne we conduct a number of house valuations each and every week. With over 1.8 million separate dwellings in Melbourne there is always a range of clients requiring a valuation.

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The most common form of property valuation is a house valuation Melbourne.

As local property valuers in Melbourne we conduct a number of house valuations each and every week. With over 1.8 million separate dwellings in Melbourne there is always a range of clients requiring a valuation.

We do get asked by clients why not just use a local real estate agent or an online valuation website to find out the value of our property? Surely it will be similar.

Unfortunately it not usually the case.

With a real estate agent you may get a very accurate assessment of your properties value, but you will never be quite sure if the figure they have provided is actually fair and reasonable, or if they are trying to flatter you and are looking for a listing.

The online valuation sites can provide a reasonably accurate valuation in areas where it’s very generic ie: Cranbourne, as the properties will all fall within a small range. But the website cannot see in the internal condition of your property, the external features likes pergolas, pools etc and rely on a very generic mathematical assessment.

They also provide annual or quarterly price changes, but these can be even more inaccurate, and we regularly see examples where one suburb has risen 30% in a year and the adjoining and very similar suburb has only risen five percent. This is obviously incorrect, and can be swayed by the type of properties sold in the time period, whether or not the agents have reported all of their sales, and if they have selectively non reported others.

So a house valuation by a professional and independent valuer is the only way to ensure you are receiving accurate information and advice you can rely on.

A house valuation Melbourne will provide you an accurate assessment of a properties value and provide you with the correct information to make decisions with.

 

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Valuation of property http://www.melbournepropertyvaluation.com.au/valuation-of-property/?utm_source=rss&utm_medium=rss&utm_campaign=valuation-of-property http://www.melbournepropertyvaluation.com.au/valuation-of-property/#respond Wed, 11 Jul 2018 03:15:29 +0000 https://www.melbournepropertyvaluation.com.au/?p=3706 The valuation of property is a specialised area, and as licensed property valuers Melbourne Property Valuation can give you a few insight into the processes we use to value a property.

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The valuation of property is a specialised area, and as licensed property valuers Melbourne Property Valuation can give you a few insight into the processes we use to value a property.

Whatever the type of property, the first thing is to confirm with the client the type or property to be valued, the reason for the valuation, the date the property is to be valued at (retrospective valuations are not unusual), who to address the report to, who to invoice and who to send the completed report to.

Once this information has been received an inspection is arranged and the valuation of property can start.

At the inspection the valuer will take notes whilst walking inside the dwelling and also outside, measure the improvements and take a number of photos.

Once the inspection has been undertaken then the valuer will look at the comparable sales that have occured in the area recently, and also historically.

They will then, depending on the property type, directly compare the subject property to those that have been sold and use this as the basis for determining a market value of the property.

In some instances there are a number of recent very similar sales, and other times very few or sometimes none at all. The valuer uses their local knowledge and skills to assess the best way to undertake the valuation and the valuation report will contain a number of comparable sales.

The completed valuation report will be emailed to the client or clients directly, and once received the client always has the option to contact the valuer directly to discuss the report and its findings.

A house valuation, or any other valuation such as commercial or industrial valuations all have a similar process. It is the report format and how the market valuation is best assessed that is variable.

Melbourne Property Valuation have conducted over 10,000 valuations and have the experience to conduct high quality valuations for clients throughout Melbourne.

 

 

https://www.melbournepropertyvaluation.com.au/what-is-a-property-valuer/

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House Valuation https://www.melbournepropertyvaluation.com.au/house-valuation/?utm_source=rss&utm_medium=rss&utm_campaign=house-valuation https://www.melbournepropertyvaluation.com.au/house-valuation/#respond Mon, 09 Jul 2018 06:12:35 +0000 https://www.melbournepropertyvaluation.com.au/?p=3689 The post House Valuation appeared first on Melbourne Property Valuation.

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As property valuers in Melbourne, a house valuation would be our most common form of valuation.

With over 1.8 million dwellings in metropolitan Melbourne (as at 2016), there are always going to be lots of properties than need to be valued. The majority of these will be for finance or refinance purposes, but there is also a wide range of others reasons for a house valuation.

We undertake capital gains tax, estate settlement, stamp duty and pre sale or purchase valuations for example.

Melbourne has a wide range of houses, starting with the inner metropolitan period dwellings, then moving out slowly to the pre and post war dwellings in the middle suburbs. From there is stretches out to the 1960 and 1970’s brick  and brick veneer dwellings, and then finally out to the brick veneer homes that are now so common.

The outer metropolitan suburbs are dominated by brick veneer homes on smaller allotments, and are usually surrounded by other very similar type dwellings.

It is important with a house valuation the the property valuer understands the area, the current market for the type of dwelling they are valuing and has extensive experience in the field of valuation you require ie: stamp duty.

Melbourne Property Valuation does not conduct mortgage or finance valuations, and specialises in house valuations for almost all other matters instead where we can provide a higher level of service.

 

 

 

Number of Melbourne Dwellings 2016

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Stamp duty property valuation http://www.melbournepropertyvaluation.com.au/stamp-duty-property-valuation/?utm_source=rss&utm_medium=rss&utm_campaign=stamp-duty-property-valuation http://www.melbournepropertyvaluation.com.au/stamp-duty-property-valuation/#respond Sun, 08 Jul 2018 23:49:10 +0000 https://www.melbournepropertyvaluation.com.au/?p=3680 One of the most common requests from clients is for a stamp duty valuation of their property.

This usually occurs as they are transferring ownership of their property to children, or moving the property into a different ownership structure such as from a personal name into a superannuation fund.

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One of the most common requests from clients is for a stamp duty valuation of their property.

This usually occurs as they are transferring ownership of their property to children, or moving the property into a different ownership structure such as from a personal name into a superannuation fund.

In the past the State Revenue Office of Victoria would have accepted a real estate agents written appraisal letter as evidence of the properties value, and calculated stamp duty on that.

But they have realised that the local agents were sometimes under quoting a properties value, and in some instances very significantly and that they were missing out on a large amount of revenue consequently.

It is now accepted by lawyers, conveyancers and the like that best practice is to have a property professionally valued, and that the valuation report is then used by the client to calculate stamp duty. This will stop any questions being raised the SRO in regards to stamp duty being assessed fairly.

They have access to significant amounts of information in regards to almost all properties in Victoria, and can conduct a desktop assessment quickly to see if there is any significant difference between the declared value and what the actual market value may be.

The cost of a stamp duty valuation is minimal compared to the stress of an audit by the SRO, and an inspection report can usually be done quickly and efficiently.

If you have any questions in regards to having a property valued for stamp duty purposes please contact Melbourne Property Valuation for further information.

We have over 15 years experience with stamp duty valuations and conduct the on a weekly basis. It also should be noted that we have never had a client come back to us in regards to the report being questioned by the SRO.

 

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