Property Valuation

1. What is a property valuer?

A property valuer is a professional who provides an estimate of the market value of a property. The valuer takes into account the location, condition, size, and other factors when coming up with an estimate. A property valuer is also known as a property appraiser. www.melbourne-valuations.com.au

2. What do property valuers do?

A property valuer is a professional who is trained and experienced in the process of valuing property. They use a variety of methods to determine the value of a property, including looking at comparable sales, taking into account the location of the property, and considering the current market conditions.

A property valuer will often be appointed by a lender when a borrower is looking to take out a mortgage. The valuer will carry out a valuation of the property in order to determine how much the property is worth and how much the lender is willing to lend against it.

Valuers may also be appointed by local authorities in order to value properties for taxation purposes.

In addition to carrying out valuations, a property valuer may also provide advice on a range of property-related matters, such as property development, investment and portfolio management.