A professional property valuation is necessary in several scenarios, ensuring that financial and legal decisions are based on accurate market data.
Top Situations When You Need a Property Valuer
Buying or Selling a Property
- For Sellers – Ensures your property is priced competitively
- For Buyers – Prevents overpaying for a property
Applying for a Mortgage or Refinancing
- Lenders require a formal valuation to assess loan eligibility
- Helps determine the equity available for refinancing
Investment Property Analysis
- Investors use valuations to assess long-term growth and rental returns
- Helps in identifying profitable investment opportunities
Legal & Taxation Purposes
- Capital Gains Tax (CGT) Assessments – Required when selling an investment property
- Deceased Estate & Probate Valuations – Ensures fair asset distribution
- Divorce & Family Law Valuations – Required for property settlements
Insurance & Risk Management
- Ensures your property is adequately insured at its market value
- Avoids the risks of being overinsured or underinsured
How a Property Valuer Can Help
- Provide a legally recognised and independent valuation report
- Ensure compliance with banks, tax offices, and courts
- Help property owners make informed decisions with accurate market data
Conclusion
Whether you’re buying, selling, investing, or handling legal matters, hiring a certified property valuer in Perth is essential for ensuring an accurate, independent, and legally compliant valuation.