A valuation is a professional assessment of an asset’s value. It involves considering various factors such as the asset’s condition, market trends, potential future income, and comparable sales to provide an accurate estimate of its worth.

People and businesses need valuations for various reasons. For individuals, valuations are essential when buying or selling properties, determining inheritance tax, or planning estate distribution. Businesses rely on valuations for mergers and acquisitions, financial reporting, investment decisions, and securing loans.

The duration of a valuation process can vary depending on the complexity of the asset and the specific requirements of the client. Simple valuations, like those for residential properties, might be completed within a few days. However, more intricate valuations, such as those involving large commercial properties or specialized assets, can take several weeks or even months. Factors like data availability, the need for site visits, and the complexity of the asset’s characteristics all contribute to the overall timeline.

Before engaging on of our valuers, clearly define your valuation purpose,and gather relevant information. We will meet and discuss the valuation methodology and scope, and agree on the terms and conditions to ensure a successful valuation process.

The cost of a valuation can vary significantly based on factors like asset complexity, scope of work, and valuer’s expertise. Without specific details, it’s difficult to provide an exact figure. It’s advisable to contact us to obtain a quote and have better understanding.