THE INVAL PROCESS
The process may vary or be tailored to suit the specific needs of a valuation, but essentially the same methodical and practical approach is taken regardless of the size of the task.
THE BRIEFING.
Whether by phone, email or in person, every valuation starts with a thorough understanding of your needs.
DIGGING.
Naturally, we have an array of reports and historical records at our disposal. Our initial investigations cover property comparisons, market-valuation data, sales history by property, business type and region, environmental and climactic conditions, enabling us to obtain a realistic overview of market conditions.
WALKING THE DIRT.
Good, accurate valuations cannot be performed in front of a computer. Once our desktop research has been completed, we inspect every property in person and in detail.
REPORT WRITING.
With all investigations thoroughly executed, we prepared a simple, logical, evidence-based report detailing our findings.
A typical Inval valuation report will include:
- Executive Summary
- Instructions
- Basis of Valuation
- Valuation & Inspection Date
- Location
- Tenure
- Planning
- Land – Physical Characteristics & Improvements
- Water Resources
- Climatic Conditions
- Environmental Issues
- Property Imagery
- Supply Agreements (where relevant)
- Industry Overview
- Regional Comments