Tag: sydney property valuers

Expert Witness Valuations For Litigation Matters.


What is an Expert Witness Valuation and why would you require one?

Where a court case or litigation occurs because of a property dispute, the case will almost always rely on a professional assessment of the property value. In these cases, the experience and professionalism of the company that you use are important.

Arranging a valuation for expert witness purposes requires in depth research, as well as extensive experience by the valuer in this field to ensure the report will satisfy the court.

Why Use IP Valuations?

Important qualities for an expert witness include ethical standards, professionalism, impartiality and clear communication. These are the reasons that many clients chose IP Valuations. We also have the experience, qualifications, and licensing required for proceedings.

Appearing in court can often be a stressful process, which is why we take additional steps to make your experience easier. Our valuers are also available to consult regarding the process of legal proceedings.

Choose us and we’ll ensure:

– Our professional valuers provide many years of court experience.

– We provide a high quality of service as expert witnesses.

– You’re supported throughout your litigation process.

– Your valuation is completely independent and suitable for all court cases where property value is required.

– You enjoy a customer service that you can rely on.

Things about Expert Witness Services that you should know:

Clear communication is essential.

Detailed knowledge of court proceedings is required for an expert witness to perform their duty. You’ll need to make sure the property valuation company you chose has in-depth experience of the workings of the legal system. Testimonies need to be presented properly, carefully, and in the correct format.

With decades of combined experience, we assist both private and professional clients to obtain accurate property values.

We provide independent valuation to ensure that our reports are unbiased.

Organise your Valuation

Call and speak to an expert adviser today on (02) 9659 5446, or contact us online to get a response within a day. You’ll be put right through to an expert with over 5 years of experience – someone who’ll be able to get started immediately on your case.

Content Source: Expert Witness Valuations For Litigation Matters.

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.

property valuer sydney buying_selling

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

Smart Ways To Boost The Value To Your Commercial Property In Sydney

When you’re thinking about increasing the value of your commercial property in Sydney, there are four most popular ways that can help you reach your goal.

The first involves improvement of the investment property itself. The second is based on increasing its returns. The third involves adding amenities and the fourth is when you change your property’s function.

Property Valuers Independent Property Valuations Sydney
Property Valuers Sydney

While commercial properties in New South Wales are generally seen as longer-term investments than residential properties, industrial and retail premises can often be snapped up and flipped by local investors who see the potential for adding value.

Whether you intend to hang on to the property in the long or short term, it’s worth maximising its value in as many ways as you can.

Let’s look into the mentioned above ways of increasing a commercial property’s value in Sydney in more detail.

1. Improve The Property

If you’re buying a property, have a look at unattractive, run-down premises often overlooked by other buyers.

If it has a short lease contract, the existing tenants can stay while you renovate. Then you can renegotiate the improved property on a longer lease with higher rent.

If you’ve owned your property for a while, you can still renovate and increase its sale value. Minor renovations include improvement of heating and cooling systems, floor coverings, paintwork and landscaping.

Structural improvements are expensive and more disruptive for your tenants but have the potential to increase the value and look of your premises significantly.

If you offer a fresh, contemporary and flexible business or industrial space, you are likely to appeal to better quality tenants and be in a position to negotiate a favourable lease.

2. Boost Your Property Returns

You need to know equivalent market rentals for your type of property before you can increase the rent.

Remember, you want your rent to be competitive – if you go too high, you price yourself out of the market in your area.

When buying a commercial real estate, consider looking for properties with an obviously low rent. This means you get an instant in property value by simply bringing it into line with current market rents.

3. Add Amenities to The Property

There are all sorts of ways to improve the amenity of your commercial investment.

Look for digital ways to enhance your property, such as offering free Wi-Fi to retail tenants or installing a digital security system.

Add a small plazground, seating and courtyard to a group of retail units, or even something like a childcare centre in larger developments.

4. Change The Property’s Usage

Wise commercial investors are always on the lookout for rezoning opportunities.

If you are the owner of an old warehouse in a popular area, you have the perfect opportunity to turn it into a rustic restaurant, shop or industrial style office. This will give your property an instant boost in value.

Improved cash flow and higher occupancy rate can make a big difference to your bottom line, also increasing the market value of your commercial property.

Before proceeding with any renovations contact commercial property valuation specialists from IP Valuations in Sydney.

We will assess your property and advise you on any improvements you would like to make to boost the value of your investment.

CONTENT SOURCE : House Valuation Sydney