Property Valuation Guide
How Does a Property Valuation Work in South Africa?
A professional property valuation starts with a clearly defined purpose, relevant valuation date and property information. The valuer then analyses appropriate market evidence and applies the suitable valuation approach before reporting the conclusion.
Key points
- Define the purpose and valuation date
- Collect relevant property information
- Inspect or verify the property as required
- Research market sales, rentals, yields or cost data as applicable
- Analyse the evidence and apply the appropriate method
- Prepare the valuation report
Requirements vary by property and assignment. Contact Chris B Valuations with the property address and purpose for a tailored quotation.