Welcome to real estate valuation

Our web site offers a free guide to consumers to the best way to go about arranging a real estate valuation in Australia.

The term real estate valuation is used by a lot of people for actually two different types of services, although they are both related to the value of real estate, it is important to clarify the difference.

Real estate valuation or real estate agent appraisal

One is perhaps better termed a real estate agent appraisal this is the estimate provided by a real estate agents.

If you are considering a real estate valuation because you have been told you need one from a bank or a solicitor, you will be looking to get a registered valuer to provide this type of real estate valuation and this type of service is a paid service.

The fees for a real estate valuer to provide a real estate valuation can vary between $500 up to probably a maximum of about $800 for an average Australian home.

If your property is not just a standard residential property it will require more work for the valuer because what the valuer is basically going to do is provide to you as part of his or her report is a list of comparable sales to your property that help to explain why the valuer has put x amount as a value on your property.

So the first question to ask when getting a real estate valuation is what purpose is this to serve.

Are you looking to sell your real estate ?

If you are selling how do you choose the right real estate agent to handle the sale of your property

We can help you to choose the right agent to handle the sale of your property

Click here to read consumer reviews of real estate agents in your area.

A real estate valuation by a registered valuer

You need a registered valuer's real estate valuation when a definitive price is required.

For a registered valuer to provide you with a valuation on your real estate or property you are looking at organizing a paid service. A valuer determines the value of property based upon market conditions at a given time.

This is a different service to that of a free appraisal on your real estate value from your local real estate agent.

Registered valuers clients may include banks, government departments, property developers, insurance companies or building owners and although practices may vary from state to state in Australia the valuations provided are generally used for thing like :

    * family law settlements
    * assessing mortgages
    * assessing rent for leases
    * assessing the value of assets
    * insurance compensation
    * establishing the value of properties for sale
    * the calculation of land tax, municipal rates and stamp duties on property transfers and loans

The information on our web site is a free service to consumers.

We are paid by our advertisers but the information is relevant to Australian real estate conditions.

If you are looking to employ a real estate agent or considering getting a real estate valuation by a registered valuer any where in Australia please check out our web site first.