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What is involved in the property valuation process?

A property valuation is a report completed after a detailed inspection is undertaken on a property. A property valuation will take into account features including;

  • Property overview, description of the property – number of rooms, size
  • Comparable sales
  • Condition of the property
  • Risk ratings that identify any market or environmental risks
  • Any issues uncovered during the inspection, research or other searches conducted