Are you a seller? Or are you applying for a mortgage? A home valuation is essential to both scenarios. Conducted by a certified professional, a residential valuation is a legal requirement in many countries including Australia, and it helps to ensure that buyers and sellers are both aware of the true value of a property before entering into any agreements.
For those applying for a mortgage, a residential valuation can help speed up the process. As lenders will often require an official valuation before approving a loan. Whether you’re buying or selling a property, get a home valuation from a valuer who knows what they are doing!
Why should I value my home?
A home valuation is a process where a professional valuer calculates the worth of a property. This valuation can be used for a number of different purposes, such as helping to secure a mortgage or providing pre-sale advice. In many cases, the valuation will also be required for legal purposes. The value of a home can have a significant impact on a person’s life, so it’s important to ensure that it is accurate.
There are a number of different factors that can affect the value of a property, such as its location, age, and condition. A professional valuer will take all of these factors into account when calculating the worth of a home. As such, it’s important to use a reputable and experienced valuer in order to get an accurate valuation.
|Reasons you may need to Value your home|
|Transfer/Stamp Duty||Family Law Valuation|
|Capital Gains Tax||Pre Purchase/Pre-Sales|
|Home Builders Grant||Rent Review/Determination|
|Self Managed Super Fund||Litigation Valuation/Expert Evidence|
50 years of property valuation experience.
The Director, Vincent Romeo, sits on the Board the Australian Valuers Institute and acts as an advisor and mentor to many Registered property Valuers throughout NSW.
Romeo Property Valuers have acted for many Private, Corporate and Government clients in their tenure as one of the leading Valuation firms in NSW enabling Vincent Romeo an opportunity to offer his property valuation expertise on Channel 10’s popular lifestyle show “The Living Room”.
Other than being highly accredited as Registered Property Valuers throughout NSW we have an extensive range of knowledge and experience in the Property Analysing process and pride ourselves on delivering comprehensive property analysis and subsequently reliable and accurate property valuations. We are constantly observing and educating ourselves with the trends and changes in the market in order to make sure your property valuation is accurate, precise and reliable.
To make an informed property purchase or else in order to obtain solid returns on your home’s equity, you require accurate and realistic data. We strive to deliver market-leading strategic and innovative property advice using state-of-the-art valuation and information technology systems in order to enable you to make informed financial decisions.
If you are selling anything it is always a good starting point to know what it is worth in the market. This holds true for property. Due to the high transaction costs when buying or selling a home it is important that you get the price right. Call us today and speak to an expert!
There are a number of methods that are used to value a home. Usually it is determined by a multiple of factors such as the age of the property, location, and size of land. In Australia you will need an accredited professional to provide a valuation.
Due to the nature of the information required it can take up to a number of days to complete a standard valuation report.
An independent valuer can cost anywhere between $200 – $600. The service also includes a comprehensive valuation report and the whole process can take anywhere from 2-4 days depending on the property size.