Nothing here answers it? ask a real valuer and you get a person, not a bot.
A registered valuer's formal opinion of what a property is worth on a stated date, set out with the comparable sales and the reasoning behind it, and signed. The date matters as much as the figure: a valuation speaks as at the day it is made, not indefinitely.
An appraisal is a free selling estimate, usually given to win the listing, and nobody signs it. A valuation is a formal assessment at a stated date, evidenced by comparable sales, signed by the valuer who prepared it and prepared independently of any sale.
In the Northern Territory, a certified practising valuer who is a member of the Australian Property Institute. Their name, qualification and membership appear on the report, which is what lets somebody else rely on it.
Yes. Every signed report is prepared by a valuer independent of your fund, with SISR 8.02B in mind, and the comparable sales it relied on are attached rather than summarised.
The valuer who formed the opinion, named on the report with their qualification. Not a model, and not an administrator on their behalf..
No. It is unsigned, which means no independent opinion and nothing for a reviewer to rely on. It is built for deciding, not for reporting.
A valuation speaks as at its effective date rather than indefinitely. Markets move, so the further you travel from that date the less the figure describes today. Where the body receiving it sets its own currency period, that period is the one that governs, and your adviser can confirm it.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments.
An advertised price is a marketing position and often a range designed to attract interest. A valuation is an assessment of what comparable property has actually sold for, and in a market that turns over as quickly as Darwin's the two can drift apart within a season.
Signed desktop reports generally go out within the same business day. What moves the timeline on an inspected report is getting somebody to the property, which in a market where a lot of owners live interstate takes a call or two. The Automated Market Assessment comes back the next business day.
No. A rates notice generally shows a land value, which is the land on its own without anything standing on it, assessed for rating at a set date. A property valuation assesses the whole property at the date you need it, which is why the two figures rarely agree.