The term value refers to an estimated worth of an asset, item or utility expressed in prevailing monetary terms by an expert, experienced and judicious valuer, who is not directly or indirectly an interested party in that specific asset which is being valued for a particular purpose.

Professional Property Valuation required for following needs:

• calculate values by considering market demand, condition of items, future trends and other factors (e.g. location, size, zoning legislation and the availability of services, such as transport and parking, in the case of real estate)

• submit written assessments of property value to statutory body

• provide consultancy advice on valuation matters

• evaluate properties for bank loan purpose

• give evidence in legal proceedings and mediate on valuation matters

• provide rental valuations for arbitration purposes

• calculate cost of construction for income tax purpose

• evaluate the property for capital gain & wealth tax purpose

• establishing the value of properties for sale or lease

• insurance compensation

There is a constant need to determine the value of property for the purpose of financing, reporting to shareholders, cost accounting, mergers or takeovers through to rent reviews, rates assessment, expropriations, arbitration and litigation.