We service the entire Greater Sydney area, From Richmond to Cronulla and Springwood to Camden Park area and everything in between. If you need to know the true value of any property from an independent expert, Metroval should be your first point of contact. Whether you're buying or selling a property or land, it's difficult to know the market price without the help of a expert in the field. Online research cannot help you much in a formal property valuation.
Our people will prepare your report and highlight various aspects of the property then recommend the fairest asking price and all this within a 48 hour window.
Stamp duty valuations can be very dissimilar accross the country. The most common forms are on land, buildings, equipment and other tangible assets.
A Residential Property Valuation is required for mortages, settling estates, divorces and in situations where property is sold or transferred to a third party.
For commercial or industrial properties below the one million dollar mark, we offer tailored solutions to cover all your bases. Contact us for a free quote.
Sometimes it gets confusing, but if you call us now, we'll gladly explain in more detail.
The estimated amount for which an asset should exchange on the date of valuation between a willing buyer and a willing seller in an arm's length transaction, after proper marketing, wherein the parties had each acted knowledgeably, prudently and without compulsion.
A property must be appraised in terms of its highest and best use. The definition of highest and best use is as follows: The reasonable, probable and legal use of vacant land or an improved property, which is physically possible, appropriately supported, financially feasible, and that results in the highest value.
In essence, the most common valuation method used by Certified Professional Valuers is the Comparable Sales Method. It uses a small number of recently sold properties in the same area that are similar to valuation property in order to determine the market value of land including improvements made to the land.
There are many factors that go into determining the price of real estate properties. These include sale prices of recent real estate in the property’s vicinity, future development potential in the area, the type of property, the economic potential of the property etc. In Australia, it is required by the law that real estate property valuations are performed by licensed and certified professionals in this area. The Australian Property-Institute is a professional body of property valuers, auditors, and property lawyers and is an apex entity which certifies its members in their felids of expertise regarding real estate and property businesses.
Most financial institutes in Australia require that the properties they deal with be valued by professionals with certification from the API. In some circumstances, this is also required for proper taxation procedures to be followed regarding income and capital gains. The API certification implies that the individual or company performing the property valuation performs their duties as per the highest industry standards complying with all governmental as well as ethical guidelines. This is important for real estate customers since this ensures that they are not cheated by fraudulent sellers and are compliant with the guidelines and laws of the country.
A real estate valuation is also required to address the stamp duty payable to the government. Whenever a real estate transaction occurs, certain taxes and fees are payable to the local government. Depending on the country this might be payable to the local administration or even directly to the federal government of the country. The laws and procedures on which stamp duty valuations are done also depends on local and territorial laws as applicable.
We Provide Residential, Commercial & Industrial
About Sydney's Best Value For Money Property Valuation Service
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We Provide Expert Valuation Services for a Number of Corporate Clients