For a standard report, the turnaround time usually takes between 2-4 working days after inspection for a ‘short form’ valuation. The shorter format reports are suitable for purposes such as…
When we value property, we take into account many different characteristics that individual property. There are some are small things such as trees blocking the view of the house from…
How many sales are included in a valuation report? The International Valuation Standards (IVS) defines market value as “the price at which the property would change hands between a willing…
We often get asked why our clients would need an independent valuation and the reasons may vary! Usually, the need for a valuation comes up as part of another process.…
When seeking a property valuation, people may have expectations on the process. This may include expectations on the methodology, evidence or processes involved in determining a property’s value. Some of…
When it comes to valuations, a concept that often comes up is that of a ‘Fair Market Value’ of the property. What is it, you may ask? Well according to…
What is involved in a physical inspection? Where appropriate, a physical inspection can be an integral part of the valuation process for a property. It allows the valuer to get…
A common question we are asked here at Vanguard Valuations is this: How do we determine the true value of a property? At Vanguard Valuations, we ensure all our reports are…
Why does the bank need to conduct a valuation of a property I wish to purchase? If one were to use finance to purchase a property, the lender will conduct…
