I need to get a valuation done on my place and am looking for a low cost certified valuer ... anyone got any recommendations? Am in Sydney metro area. Regards, Jason
Hi Jason Try Herron Todd White- used them before with no problems. Big firm with over 500 valuers Oz wide. Best of luck
Jacque, Thanks for the response - I tried them but their quote ($495) was quite a bit higher than some others. For future reference (if anyone comes across this thread), I have ended up paying $220. This is on a place worth approx $475k. The prices I found ranged from $220 to $500 for a certified valuation for submission to OSR. Regards, Jason
It was a very pleasant experience with them as well - I rang up on Thursday afternoon, they inspected 9am on Friday and I had soft copy of the report at lunch time on Friday. Hardcopy is in the mail. Not happy with the valuation price - but I don't think I can blame them for market conditions Regards, Jason
Jason What did you want the valuation for? maybe you should try for another 1? My brother had to pay for 3 valuations when he was transfering a property to his kids
It's for a related party transfer. I was dissappointed with the value but it doesn't affect the transaction at all. Regards, Jason
Well that's ok then Jason. Glad you got good value for money. I'll add them to my list I remember one valuation that I disputed several yrs ago now, when it came in lower than anticipated (and I needed it higher). When I read the entire report there were glowing anomalies and non-comparable sales quoted which I was able to back up with more recent and better sales- worked in my favour, and the valuer rang up, apologised, and re-did the valuation for me at a much more acceptable figure. They are currently being very cautious, and rightly so in such unpredictable times.
If the figure provided in the valuation makes any impact from a tax perspective, then it is probably bets to get at least 3 valuations and choose the "best" one. Even at $500 each the fees would normally be dwarfed by the potential tax savings (in my experience).