If yours is not below, ask a real valuer and a valuer picks it up.
A valuer's signed opinion of what a property was worth on one nominated day, with the comparable sales and the reasoning set out beneath it. Note the day: it is chosen to suit the question being asked, which is why a valuation can answer for an occasion when nothing whatever was bought or sold. In Brighton that is most of them.
An appraisal is a free, unsigned selling estimate offered while an agent competes for a listing. A valuation is independent of any sale, effective as at a stated date, evidenced by settled sales and signed by the person whose opinion it is. The appraisal exists because somebody is selling. A great many Brighton valuations exist precisely because nobody is.
In Victoria, a valuer with the professional qualification and standing to have their opinion relied on. Their name and credentials appear on the report, which is exactly what allows a third party to act on it.
Yes. A valuer independent of your fund prepares and signs it, SISR 8.02B is the standard it is written to, and the comparable sales are attached rather than summarised, so an auditor can follow the figure back to its evidence.
The valuer who reached the opinion, named with their qualification. Where everyone else connected to an arrangement is related to everyone else, that signature is the only genuinely outside thing in the file. (from $550).
No. Nothing in it is signed, so there is no independent opinion for an auditor, an accountant or a revenue office to stand on. Use it to decide, not to report, and be careful of using it to settle anything between relatives. On timing: a signed desktop report usually goes out the same day, and an Automated Market Assessment the next business day.
It is effective as at its date rather than open-endedly. Where the organisation receiving it applies a currency period, that period governs, and your adviser will know which. Much of the Brighton work we do is dated to a day a transfer or a reporting year fell on, where currency is not the question at all.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments. Inspection valuations start at $550, with the exact price confirmed at checkout before you pay, never after.
An advertised price is a marketing position, often a range set to attract interest. A valuation reports settled evidence. In Brighton the comparison usually cannot even be made, because the property in question is not advertised anywhere and never will be.
A signed desktop report is usually ready the same business day. An inspected report waits on access, and since most Brighton property is occupied by its owners that is generally a matter of agreeing a time with you directly. An Automated Market Assessment arrives the next business day.
No. A rates notice carries a figure struck for rating at a date the council chose, for a purpose that is not yours. A valuation covers the property at the date you actually need, with the sales it relied on set out beneath it. Where an assessment turns on market value at the day of a transfer, a rating figure is not an answer to that question.