Property Valuers – Useful for More Than Just a Market Value
Property valuers - in addition to providing property valuations that determine the market worth of houses - can provide consultation. A consultation by a property valuer is usually a verbal report and discussion about the house you are interested in. Why would you want a consultation with a property valuer when you are buying a house? There are lots of reasons!
An experienced valuer has seen lots of houses and is familiar with house types, building eras, construction methods & materials – they also have an understanding of engineering and architecture. This is handy info to have access to!
Valuers also keep up-to-date with local district plans and will be familiar with the Resource Management Act and other relevant legislation and regulations like the Building Code. Insight into this information can be very useful when looking at a house.
And even though a property valuer is usually not an expert in building and engineering matters – they can identify problems that you can then investigate further, using the relevant professional, if necessary.
Property valuers have a lot of knowledge to reference and can give a knowledgeable, and therefore, very useful assessment of the worthiness of a house. They can quickly point out the good and the bad points and, better yet, give an indication as to how this affects, or will affect over time, the market value of a property.
A consultation with a property valuer regarding a house can be good value for money – usually being cheaper than getting a full property valuation report. This expert knowledge is a valuable resource and the availability of property valuers for consultation is handy to know about – if you are after an unbiased property professional to give you an honest opinion – it is the way to go.
Another great way property valuers can help is in estimating of what a house could be worth after planned renovations. You can provide a valuer with a brief of your plans or your drawings and they can give you a post renovation estimate of worth that can help you work out if an investment in renovations is worth it. This is usually done as an add-on to a property valuation – but can be done in a consultation capacity.
So property valuers are not all about market value and are not just a box to tick as part of getting a mortgage – they are a property professional with heaps of great relevant knowledge, and experience – and best of all – they can provide an unemotional, unbiased opinion of the house you are looking to buy.
Interested in find a property valuer to help you out? You know where to go! Property Valuation NZ!