Tag: property valuer

Why Do You Need A Tax Valuation?

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There is no doubt that taxation is a very important subject whether for individuals, businesses, non-profitable organisations or even religious institutions. We all have to pay taxes to the Government and there are many factors that should be taken into account when determining tax amounts.

We are leading valuation specialist operating across Sydney and we understand the importance and seriousness of taxation valuations. Taxation can be paid either on income from individuals or businesses. When it comes to real property assets for companies, they have to be regularly valuated for taxation purposes.

Why you should choose IP Valuations for your Taxation Valuations:

Based on certain valuations, an individual or entity will be able to determine their taxation amount that needs to be paid.

There are different ways and means by which the ATO can interpret these valuations in Australia. That’s why you should choose the best specialists in Australia.

We have a great understanding of the complexity of valuations and approach every project with utmost care.

All of our valuers have experience with property taxation matters

We make sure to provide our clients with in depth detail of their assets.

Our team members make sure to stay up to date with the latest changes to laws pertaining taxation valuations.

We use the latest facilities and infrastructure that help us to provide our client with prompt and accurate valuations.

Call IP Valuations today on (02) 9659 5446 and get in touch with one of our experts today.

You can also email us your details, or simply fill in the enquiry form at Contact Us page and we will get back to you.

Content Source: Looking For Taxation Valuations

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How Do Property Valuers In Sydney Come Up With A Figure?

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It may seem like yet another expense, but a property valuation could also be a necessity for your successful real estate purchase.

Benefiting the buyer and seller, a property valuation can help you to assess the current value of a property in an open and competitive real estate market.

For a valuer to do their job, they generally need to visit the property, measure it and note details on the building structure and its condition, any structural faults, rooms and layout and their presentation and fit outs, fixtures and fittings, and any improvements.

They also make notes on the property’s vehicle access and any garages, carports or out buildings.

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Often the valuation will include photos of the property highlighting certain features.

Once they have visited the property, they also look at planning restrictions and council zoning and its relative location. The valuer then compares all these attributes to recent comparable sales in the surrounding area before coming up with the magic figure.

What is the difference between licensed valuers and real estate agents’ appraisals?

Real estate agents often give you an appraisal on your property when trying to gain your listing. They base their appraisals on other sales in the area and their experience. Remember, real estate agents are working for the vendor (which could be you) who pays the commission on the price they achieve, not the official valuation.

This is different from a valuation carried out by a licensed valuer, who has to base their report on facts as they are legally responsible for the information they provide.

A property sale may fall over on a valuation if the property’s value doesn’t come close to the agreed sale price. A buyer, on behalf of their lender, could deem the finance clause is a reason the property can’t go ‘unconditional.’ They may either decide to exit the contract or re-negotiate.

How can you increase your house value?

If you are looking to sell your house in the future and want to know what might help when the property is valued, here are some helpful pointers.

You can’t change your property’s location, but you can change the house itself. Think about a renovation or extending the floor area of the house. Can you add a bathroom, bedroom or entertaining area? What about improving your indoor-outdoor flow?

Make sure the property is well presented. Can you tidy up the garden or remove any untidy trees or structures? Are there any views that can be taken advantage of or can you make vehicle access easier?

Give your important rooms – the bathroom and kitchen – a mini makeover. It can often be fairly cost effective to update cabinetry, the bench top, light fittings and fixtures. Even a quick lick of paint can do wonders!

Do you have covered areas for vehicles? Can you add a carport or garage?

Give your property a general tidy up. If your block and house are neat and tidy and look well maintained, it is likely to benefit the valuation.

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If you are considering buying a residential property, make sure you know its current market value. IP Valuations is here to help with its independent and professional team of valuers.

Feel free to call us on (02) 9659 5446 or fill in our enquiry form.

Content Source : How Do Property Valuers In Sydney Come Up With A Figure?

3 Top Tips To Add Value To Your Commercial Property

3 Top Tips To Add Value To Your Commercial Property

Commercial real estate investments in Sydney create lucrative opportunities for those active in the market. It is vital to ensure you get the best valuation of your commercial property. To guarantee the best valuation for your commercial property, here are a few ways to add value to the property:
commercial property valuation-buying_selling

  • Making structural and cosmetic changes – It’s one of the most common ways to add value, but if it’s done right, your investment will benefit. Adding square footage to your property and increasing the rent-able square footage are just a couple of examples.

  • Minimise expenses – The value of a property is calculated on its profitability. By reducing expenses such as electricity and utilities, a property can increase profitability without impacting leasing operations.

  • Maintain leasing appeal – a vacant building can decrease the value of a property dramatically. By maintaining the property’s appeal and keeping tenant relationships harmonious, you can easily retain property value as well as tenants.

If you have a commercial property that requires a valuation please don’t hesitate to contact IP Valuations from Sydney.


Content Source :
Commercial Property Valuations

The Reasons For Rural Property Valuations

The Reasons For Rural Property Valuations

Rural properties are those properties outside of metropolitan Sydney that comprise homes and business on land over 1 hectare in size. The properties we value include lifestyle properties, hobby farms and certain types of income producing land with associated improvements. Getting a report from a company with valuation experience in the area is key to making sure you get an unbiased and accurate appraisal. You’ll need someone with knowledge of current market conditions, as well as specific issues relating to rural property prices in the local area.

Why do People use IP Valuations Sydney when buying a country property

IP Valuations is an entirely independent and experienced valuer of rural property. This means you can rely on us for a precise valuation of your rural property.

The qualified fully licensed and experienced professional who you’ll be talking to will make your assessment process easy. This professional will be the same expert every time – your personal valuer – someone who’s fully conversant with the state of the property market in the area that you’re interested in, and in your case in particular.
Property Valuers Independent Property Valuations Sydney

Use us and we’ll make sure that you:

  • Are getting advice and a precise evaluation from a ten-year or more industry veteran

  • That the figure you get is supported by the Australian Property Institute

  • Can count on advice and information before, during, and after your assessment

  • Get a service that is independent, ideal for personal or business use, and personalized to meet your needs.

Other types of rural property valuations

Capital Gains Tax (CGT)

Many rural properties when being sold can benefit from the main residence exemption The ATO Subsection 118-120(2) of the ITAA 1997 provides exemptions to adjacent areas of land to a maximum of two hectares. IP Valuations understands the Capital Gains Tax in its application to rural property valuations and we will ensure your valuation takes into account all aspects required by the ATO.

Main reasons for Rural Property Valuations

  • Pre sale purchase

  • Superannuation audits

  • Centrelink asset tests

  • Inter family transfers

  • Probate or estate settlements

  • Family Law/Property settlements

Call (02) 9659 5446 now and chat with an expert about the rural property valuation you need. Or, why not contact us online? Simply send us your details, and we’ll get back to you within 24 hours

Content Source : Property Valuations

Bank valuation vs. private valuations

We receive a large number of enquiries asking if we can undertake private valuations that may then be forwarded to a client’s lender of choice for mortgage purposes. Our response is that firstly, some lenders will not accept a valuation where you instruct the valuer directly and secondly we just don’t provide bank valuations anyway.

Property Valuers Independent Property Valuations SydneyWhy? Banks are only interested in a quick result and do not allow valuers the time necessary to conduct a full and thorough valuation on a property in many instances. Fees are very low, turnaround times from receiving instructions to having to send the report short and this just encourages those who undertake bank valuations to get them out quickly, and with a minimum of fuss.

Many valuers have either given up on bank valuations all together, left the industry completely, or undertake them under sufferance. New graduates also no longer receive the job training they need. It’s all about the money, turn around times, and ruthless competition that somebody will always try and do it cheaper, no matter if they have to cut corners.

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When you instruct the valuer directly for your own purposes, you should expect as a minimum a quality report, good communication and the ability to speak to the valuer directly if you need to now, or in the future. Valuers, unfortunately, cannot provide this level of service for a bank valuation.

Call (02) 9659 5446 now and chat with an expert about the property valuation you need. Or, why not contact us online? Simply send us your details, and we’ll get back to you within 24 hours.
Content Source : House Valuation Sydney

Are The Interest Rates Set To Increase In 2017?

Are The Interest Rates Set To Increase In 2017?

We certainly have been spoilt for the past two years with interest rates at a very low level. Investors and homebuyers in Australia have made the most out of the cheap money, as the value of housing finance commitments has trended upwards since the beginning of 2016.

commercial property valuation-buying_selling

However, recent media coverage indicates that the situation may change in 2017. If you’re paying a mortgage on your properties, it could have a considerable effect on your repayments.

There’s no need to panic, but you certainly should double check your home loan to make sure it won’t affect you.

There was speculation earlier on this year that the interest rates could head even lower. However, OECD stated that the monetary policy is expected to tighten by the end of 2017.

With inflation increasing and house prices continue to go up, it seems obvious that OECD prophecy will come true.

Property Valuers Independent Property Valuations Sydney

What does it mean for Australian homeowners with mortgages?

Please don’t panic again even if you are an investor, again look closely at your loan and maybe consider refinancing. It might save a lot of money in the coming up years.

CONTENT SOURCE : House Valuation Sydney

Valuing A Property After Separation

Valuing A Property After Separation

At IP Valuations we can value your property when a separation occurs after marriage or de-facto relationship.

We understand such situations are difficult for you but you have to be mindful of your assets. These types of property valuations are a must and many of our clients need our assistance to value their property once a separation has occurred. It is a process that can be long, drawn out and also distressing.

property valuer sydney buying_selling

Did you know that your property isn’t only your house but also:

  • Holiday home
  • Cars/Boats/Motorbikes
  • Household assets from vases to paintings
  • Personal items such as clothes or jewellery

Not many people know the fact that business, superannuation or shares in business or family investment held under a family trust are also property. So you need to make a list of assets and liabilities for future reference.

IP Valuations is here for you to help by valuing your home or investment property, so you at least have some idea of where you stand financially. These valuations are important for working through the separation and need to be done.

We perform these type of property valuations daily and have many years of experience, so we understand the process.

Call us today for a chat about your needs or visit our website: www.ipvaluations.com.au

CONTENT SOURCE : Property Valuer Sydney