Many people think of Registered Valuers as professionals who give you the value of your house as it is today, so you can take the report to the bank and get a mortgage. And, yes, that is what we do. But registered valuers can do so much more.
Advice on values
of property to be subdivided: We can advise on the value as a whole and the value of the parts it is to be split into, together with the likely costs of undertaking the subdivision and what level of profit you should be rewarded with. If the property you have is too small to subdivide according to your council zoning, we can figure out solutions. For example, if you purchased 10sq m from your neighbour you could legally subdivide. But what is that 10sq m worth?
Help with historical disputes: Not nice to contemplate, but we can value in the past based on information provided about the property. This can be used to help settle disputes that have some history.
Help with future values: Why build if you can't be sure that the property will be worth more than it cost? We can determine the value of a property based on plans and specifications provided. We can also look at the big picture - things like district plan issues, traffic flows, people flows (pedestrian counts), the future outlook for areas. In short, is this a good place to be? Demographic profiling can help you see how a suburb measures up to your expectations. We can provide data on historic trends, which can be used to help predict the future.
Provide information for business structures: Sometimes the best structure for your property is to place it into a trust, a loss attributing qualifying company (LAQC) or a company to meet your tax or legal requirements.
We value small, medium and large portfolios of properties, local and nationwide for market value, financial reporting and/or insurance.
Give rental property advice: When you own properties for investment, you need to know their value and whether they are earning what they could. Valuers can provide the information to help you make those value-for-money decisions. For example, car parking and access issues can affect the value of residential and commercial/office investments. Where is your client base? Do they visit you or you them? Is it an easy area to access for tenants, deliveries or services? Valuers can also help with rent reviews and assessments. With our knowledge of things such as local demographics or changing neighbourhoods, we can help you assess how your market is changing and how that affects your investment.
Help your renovation decision-making: Valuers can help ground your decisions in financial reality. What is the value of adding a room to your house? Should you restrict renovations to upgrading the bathroom or kitchen or perhaps adding garaging? Or should you just re-arrange some walls to create better flow? We provide advice on how character/aesthetic issues can affect the value of your home. For example, how will replacing the old with modern, or aluminium joinery for timber, or restoring a property, improve its value? What course of action will add or retain the most value?
Provide information for resource management and planning issues: A valuer can assess how development on a neighbouring property will affect the value of your property. Does a landfill or motorway in your neighbourhood really have an effect?
These are just a few of the extras that a registered valuer can provide, if you ask them the right questions.
www.qv.co.nz
Many people think of Registered Valuers as professionals who give you the value of your house as it is today, so you can take the report to the bank and get a mortgage. And, yes, that is what we do. But registered valuers can do so much more.
Advice on values
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