Property Valuation
We
provide a fast and efficient valuation service under the following
headings:
- Market
Appraisals for vendors (Free)
- Bank/Building
Society valuations
- Lease
renewals and Rent Reviews
- Compulsory
Purchase
The
normal basis for a valuation is known as the "open market value".
This is an assessment of the price at which the property being valued
would have expected to sell in the open market at the valuation
date assuming the following:
- The
seller was willing to sell.
- A
reasonable period was allowed for proper marketing of the property
including agreement on price and terms for completion of the
sale. Obviously this varies from transaction to transaction.
- Market
conditions at the time of the valuation.
- Allowances
are not normally made in respect of any interested perspective
purchaser which is a sitting tenant or adjoining owner.
- The
valuation basis must be appropriate to the purpose for which
the valuation is required, for e.g., a depreciated replacement
cost would not be appropriate for a bank valuation
Vendor's Valuation
If
you are thinking of selling your home we would provide you with
a free market opinion to what we think your home might realise.
With this valuation we will include an outline of the costs of selling
and the methods we would propose to adopt to achieve a sale of the
property.
Tenancy/Rent Reviews
Normally
the valuation requested here relates to the rental value appropriate.
In doing such valuations we will make extensive enquiries in relation
to comparisons and advise on the rent payable also taking into account
the terms of the underlying lease attaching to the property.
Bank/Building Society valuations
We
carry out this report for submission to Banks and Building Societies
in support of mortgage loan applications. Such valuations do not
include a structural survey but rather a visual assessment of the
property and the current market value. We normally charge a fee
of 153 (including VAT) plus travel costs in relation to such valuations
on residential property.
Compulsory Purchase
These
arise when the State seeks to force the purchase of a property it
requires for public use such as roads or other public buildings.
These valuations can be complex and it is important that particular
procedures be adhered to. We undertake this work on behalf of clients
in co-operation with the client's solicitor. Fees in respect of
this are normally paid by the Government body acquiring the property.
>> Submit
Valuation Request
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