Strata Building Valuations are necessary for many reasons. They provide an accurate assessment of a property’s worth, which is essential for both buyers and sellers. They can also help to resolve disputes between owners and strata committees. However, valuations can be a complex and confusing process. Fortunately, some experts can help.
Strata valuations are a specialist area, and some valuers have the experience and expertise to provide an accurate assessment of a property’s value. This is vital for ensuring that the right price is paid for a property and that strata disputes are resolved fairly.
Romeo Property Valuers is staffed with highly qualified Registered Property Valuers combining over 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.
There can be many reasons for a certified valuation of a strata building. These can be if there is a transfer of title, value common property, unit entitlement valuation, or reassignment of unit entitlement. Our consultants are always available to help if you need any direction on whether or not a Strata Building valuation would be suitable for your circumstances.
A residential property valuation can take anywhere between 24-48 hours and in some cases we can complete the same day if need be. For Commercial properties it takes between 3-5 business days. For more complex and exotic property types such as clubs, pubs, golf courses, places of worship it can take 1 – 2 weeks. In all cases it begins with a consult or call with the property valuer to scope your requirements.
Market value considers only how much the building would sell for, while a valuation considers the building’s worth as an asset holistically, including how much income it can generate.