Sydney Family Law Property Valuations
For any family law property valuation in Sydney, you will require a highly reputable expert valuer. The valuer must be reliable and trustworthy. We have two guiding principles here at Valuations NSW which are honesty and integrity. We act on our principles with each family law property valuation we produce.
All family law valuations are custom made to suit the needs of each client. The document will be legally certified and formatted to the standards of the Courts. Unlike a property settlement valuation, which is formatted as a short-form report, family law valuations will be long-form reports which are comprehensive valuation reports of over 25 pages in length. The amount of detail a valuer will go into is extensive and thus a family law valuation involves an in-depth inspection of the property.
The valuer will conduct both an internal and external inspection of the subject property. They will ask for access to floor plans. If none are available within the timeframe, a valuer will take the time to measure the dimensions of the property themselves. Along with the property’s size and dimensions, the following may also be considered when valuing property in family law settlements:
- The age of the property and its general condition including the state of fixtures, finishings, walls etc.
- Relevant local information, including the proximity to the CBD and amenities such as parks, transportation, and schools
- The amount of parking available and its types such as street parking, garage, gated driveway, or carport
- Details of recent renovations, additions or changes made to the property
- Market data and recent sales of comparable properties
There are many more considerations that are factored into the calculations of your property’s value. Every factor is included in the report to prove the accuracy and validity of the property valuation.
Family Law Property Valuation Sydney
For best and fair results, a property valuation for family law should be conducted by an independent valuer. As an independent valuation firm, we can provide clients with reports that are objective, impartial and transparent. This allows for all parties to mutually agree on the property value. With value agreed on, the case can be resolved much quicker and further valuations will not be required. Any of our valuers can also serve as a single expert witness.
Valuations NSW has a team of highly experienced valuers. Each member of our team has been a Certified Practising Valuer (CPV) for over 20 years. This exceptional level of experience allows us to be efficient and ensures you have an accurate and correct valuation in time for your case.
Our valuation reports fully comply with the strict requirements of the Courts as well as other high standards. We are regulated by the Australian Property Institute (API) and the Royal Institution of Chartered Surveyors (RICS). We are obliged to follow their respective guidelines and regulations.
If you have any questions regarding family law court valuations, please don’t hesitate to contact our staff. Our knowledgeable team are happy to help and can also provide a free instant quote. Get in touch today via our online contact form or call us on (02) 8599 9863.