When is a Valuation needed?

A valuation of your Melbourne property could be needed for numerous reasons or purposes which could range from determining market value for mortgage and refinancing purposes to asessing  the real value of property for litigation, dispute resolution purposes (e.g. matrimonial settlement) and compensation reasons.
 
The list below includes when and why a valuation is required. 
 
Valuation Type
Reason / Purpose 
Market Valuation
Current Market Value of the asset as at the date of inspection.
Mortgage/Refinancing Valuation
Assesses the real value of property for banking and financing purposes.
Pre-Purchase Valuation
Accurate and independent market valuation of your intended purchase.
Pre-Sale Valuation
Accurate and independent market valuation of your property before you place it on the market with an agent or privately.
Before-You-Renovate Valuation
Accurate and independent valuation of your property pre-renovation to avoid over-capitalisation or post-renovation to determine improved value.
Portfolio Valuation
To assess the market value of of the property assets within the portfolio.
Self-Managed Superannuation Valuation
To assess the market value of of the property assets within the fund.
Family Law Valuation
Required for family law purpose; for individual or multiple parties to to reduce the potential for dispute.
Body Corporate / Insurance Valuation
To assess the replacement cost of the building.
Centrelink/Asset Test Valuation

To assess the real value of property for Centrelink/asset test purposes.

Capital Gains Tax Valuation
Required by investors who sell a property that was purchased as an investment post-September 20, 1985 or who have leased their property after owner-occupation.
GST Valuation
Required by investors who sell a property that was purchased as an investment post-September 20, 1985 or who have leased their property after owner-occupation.
Rental Assessment
To assess the market rental of a residential or commercial tenancy.
Stamp Duty Valuation
Required by solicitors to quantify stamp duty payments.
Estate/Probate Valuation
To establish the market value of a deceased estate.
Rating & Tax Valuation
To assess the real value of property for rating and taxation purposes.
Litigation & Dispute Valuation
To assess the real value of property for litigation and dispute resolution purposes (e.g. matrimonial / divorce / partnership settlement).
Resumptions & Compensation Valuation
Accurate valuation of the land being acquired.

Independent Valuers

If and when you require to value your Melbourne property for any reason, an independent valuer will be able to undertake the valuation assignment in a timely and professional manner and to your satisfaction.

CPV and Members of API

All AskTheValuer's independent valuers are Certified Practising Valuers (CPVs) and Members of the Australian Property Institute (API), and their valuation reports are in compliance with (and often exceed) API's Standards.

Property Inspection

All valuation reports undertaken by our independent CPV's include a detailed property inspection, during which a photographic record of the property together with all necessary notes on the property, its improvements, and all other value-added benefits are recorded. 

Request for Quote for a Valuation

If you require a valuation of your Melbourne property simply complete the following online form (comprising only a few simple questions) < Request for Quote >.