Property Valuations Perth
How to Value a House
How to value a house, in 7 easy steps.
Use the Direct Comparison Method, as follows:
Analyse the whole property (the “subject” of your enquiries), considering the size of the land and buildings, and other built improvements.
Consider the construction type, age, and condition.
Discover recent local sales of other houses, and learn about them online and by doing kerbside inspections.
Analyse those sales in the same way, and decide which are comparable.
Compare the locations, with regard to positive and negative factors.
Form opinions about whether the sales are inferior to, similar to, or superior to the “subject”.
Rank in order all the comparable properties that you have analysed, determine where in the ranking the “subject” best fits, and you will discover its value.
6 Good reasons to ask me to work for you:
I am a Senior Valuer, with many years experience.
I am the valuer who will check and counter-sign your report.
I am a Western Australia Government Licensed Valuer, Number 44742.
I am Land Valuers Federation Registered Valuer 40650.
I am "price competitive", and will negotiate a fee to suit your budget!
I'm a good humoured guy who will make business a pleasure!
Your residential report will be available 2 working days after your property has been inspected,
but even quicker if we agree on a "desk-top" report, (see below).
My Guarantee to You!
"I will listen. I will consider. I will discuss. My personal and careful attention will leave you well pleased".
And do you know? When one of my Italian clients read my guarantee, he said to his wife:
"I must call David, he's like a priest"! Great! I love it!
When you call me, we will discuss which method will suit your needs.
For example, a simple valuation on a standard residential property, which you can describe to me both internally and externally, might be done as a "desk-top" report. The databases to which I have access are so detailed, that often it is possible to learn more about a property by sitting in front of my computer, than it is by viewing the property from the street. This is most relevant when I am considering the sales evidence that is to be included in your report.
Or perhaps we will decide that a "kerb-side" report is suitable. This can be the best way to do things when access to the property is difficult or impossible, perhaps because of an un-cooperative tenant, or maybe an estranged spouse on the warpath! Believe it, I've been in the business long enough to have seen the ups and downs of life! I remember the time that I was in the back yard with the wife, (taking notes about the landscaping and the pool), when the unsuspecting husband came in through the front door! Wow! Lucky the side gate wasn't locked!
Often, a "certificate" internal and external inspection will be the method agreed upon. The inspection starts inside the house, and proceeds from room to room, making observations about condition and standard of finishes and repair. Next comes the outside, to continue with observations and to take measurements. If the property is a unit, measurements are taken internally.
Some times, the "full report" is the preferred option. This is certainly the case when my valuation is to be presented to a court of law, or if there is the prospect of a dispute or litigation. Whilst the site inspection process is unchanged, the multiple page format of the report provides the reader with a more detailed description of the subject property and the sales evidence, as well as explanatory comments as appropriate.
Postal address: PO Box 6497, East Perth, WA 6892.
Australian Business Number: 38 737 452 562
WHO I AM
Back in the 1980's, I worked for some of the large real estate companies, including Knight Frank, and Colliers. But my personality and temperament is best suited to being my own boss, so before long I started my own valuation business. It's been a great pleasure to assist thousands of clients over the years, and today I am as enthusiastic about what I do as the day I launched my business.
Of course, the industry has changed substantially since that time, with technology and database access being aspects of the work that have brought in new processes and practices.
What has not changed about what I do, is the personal and individual service that I provide to my clients, which is why many of them have used my service multiple times over the years!
I OFFER REAL ESTATE VALUATIONS “AUSTRALIA WIDE”.
MY HEAD OFFICE IS IN NEW SOUTH WALES,
AND I HAVE, IN ALL STATES AND TERRITORIES,
ASSOCIATES WHO ARE FULLY LICENCED/REGISTERED/
CERTIFIED VALUERS, TO WHOM I MAY REFER WORK IN
THE EVENT THAT I AM NOT AVAILABLE TO DO YOUR JOB.
I VISIT INTER-STATE ON A REGULAR BASIS,
AND ENJOY INSPECTING AND VALUING
A WIDE VARIETY OF PROPERTY.
THIS ALLOWS ME TO STAY UP TO DATE WITH LOCAL MARKETS.
ALL WORK IS PROCESSED THROUGH MY HEAD OFFICE,
AND I AM THE VALUER WHO CHECKS YOUR JOB,
AND SIGNS YOUR REPORT, SO IF YOU NEED FEED-BACK …
YOU KNOW WHO TO SPEAK TO!
WHAT I DO, AND HOW I DO IT!
Reports may be sought for any of the following purposes:
Current Market Value
Retrospective / Historical Market Value
Purchase and sale
Arbitrations and determinations
Rental levels and leasing
Easements and encroachments
Resumption and compulsory acquisition claims
Matrimonial / family law matters
Capital Gains Tax
A valuation done by me is classed as an "expert opinion", and is recognised by courts of law.
I am qualified to undertake valuations in all classes of property.
As a senior member of the Land Valuers Federation, I am bound by its Code of Professional Practice, Code of Ethics, and Rules of Conduct.
I not only provide an impartial and expert estimate of any real, leasehold, or landed interest, but discover, classify, and rate the separate influences which create, maintain, or diminish that value.
I am completely independent from real estate sales and leasing commitments.
I participate in Continuing Professional Development programmes.
I work with speed, accuracy, and cost-effectiveness.
I am honest and trustworthy in all relationships
I am reliable in carrying out assignments and responsibilities
I am trustful and accurate in what is said and written
I am co-operative and constructive in all work undertaken
I am committed to accomplishing all tasks in a superior way.