If yours is not answered below, ask a real valuer and a valuer will get to it.
A valuer's signed opinion of what a property was worth on one nominated day, with the comparable sales and the reasoning beneath it. The nominated day is what does the work, and around here it is often a day years in the past, on which a home quietly became an investment.
An appraisal is a free selling estimate an agent gives while competing for a listing, and it is not signed. A valuation is independent of any sale, effective as at a stated date, evidenced by settled sales, and signed by the valuer who reached it. An appraisal also only ever speaks about today, which rules it out for the backdated work most people here need.
In New South Wales, a valuer carrying the professional qualification and standing for their opinion to be relied on. Their name and credentials sit on the report, which is what allows a third party to act on it.
Yes. It is prepared and signed by a valuer independent of your fund, written to the SISR 8.02B standard, and the comparable sales are attached rather than summarised, so an auditor can trace the figure back to the evidence without asking anybody for more.
The valuer who reached the opinion, named alongside their qualification. Not the model that gathered the evidence, and nobody signing on their behalf. (from $550).
No. It carries no signature, so there is no independent opinion in it for an auditor, an accountant or a revenue office to act on, and it only speaks about the present, which the cost base question never does. It is for deciding. On timing, a signed desktop report usually goes out the same day and an Automated Market Assessment arrives the next business day.
It is effective as at its date rather than open-endedly. Where the body receiving it applies a currency period, that period is what counts and your adviser will know which. Much of the Gladesville work is written to a letting date long past, where currency is not what is being asked about.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments. Inspection valuations start at $550, with the exact price confirmed at checkout before you pay, never after.
An advertised price is a marketing position, often a range set to bring people through the door. A valuation reports settled evidence at a stated date. On a let property the gap widens further, because a campaign describes the place at its best and a valuation describes it as the valuer found it.
A signed desktop report is usually ready the same business day. An inspected report depends on access, and where there is a tenancy that step needs notice and a time that suits the occupant. An Automated Market Assessment arrives the next business day.
No. A rates notice usually carries a land value, the ground with nothing standing on it, assessed for rating at a date the council set. A valuation covers the whole property at the date you need. They answer different questions, and the answers seldom match.