Valuer News

The Australian property market is a dynamic and ever-changing landscape, influenced by a multitude of factors. One key factor that significantly impacts property values is interest rates. In this article, we will explore the crucial role that interest rates play in property valuation, particularly within the context of the Australian economy. We will delve into the relationship between interest rates and property value, how changes in interest rates can affect the real estate market, and why property valuers Brisbane closely

A property valuation report provides an estimate of the market value of a residential or commercial property. It is an important document for property owners and real estate investors. This guide will help you understand the key sections and data points in a typical valuation report. Property Details Address and property type (house, apartment, land etc) Land area and building area Number of bedrooms and bathrooms Special property features like pool, garage, waterfront access etc. Knowing these basics helps provide

Getting an unjustified or inflated property valuation can negatively impact finances and investment plans. Here’s a step-by-step guide to contesting a problematic appraisal. Review the Full Report Carefully go through the entire valuation report to identify issues. Check for errors in property details, faulty assumptions, inappropriate comparable sales, questionable adjustments etc. Note down inaccuracies with evidence. Gather Supporting Data Collect additional data that contradicts the report’s conclusions. This includes comparable sales not used in the report, facts about property condition

Getting a high valuation on your property may seem like a great thing. But in certain cases, an inflated valuation can actually cause more headaches than it’s worth. Here’s a counterintuitive look at why higher property appraisals aren’t always the blessing they seem. Higher Valuation = Higher Taxes For homeowners, a higher valuation from the county assessor often translates into higher property taxes. Some people even intentionally try to lower their home value to reduce their tax outgo. You end