What Does the Property Valuer Do?

Valuing a House

These are the things a property valuer will do as part of valuing a house:

Inspect the house inside and out.
Measure the dimensions of the house and rooms.
Note the building construction type and the materials used.
Estimate or find out the age of the house.
Rate the condition of the house.
Inspect the house inside including looking at walls, floors, ceilings, doors, design features, natural and artificial light, ventilation, exterior cladding, the roof, guttering, and fencing.
Take into account outstanding maintenance.
Measure garages and note car parking and access.
Inspect the site noting any issues such as flooding, drainage, and subsidence.
Check out the immediate neighbours, the street, and the local area - and will note all the positives and negatives.
Work out the distance to the centre of town and look at the convenience of public transport.
Refer to the district plan and note the present use of the property in relation to its zoning.
Take into account the type of title.
Collect data about recent sales that can be used to value the property.
Make an assessment of marketability based on their observations.
Take into account the current state of the real estate market for that type of house in that area.
Prepare a written report.