www.Brisbane Property Ratings.com.au
Propell Valuation Services
Propell National Valuers provides valuations for residential and commercial purposes across Australia. We offer a comprehensive service covering the full spectrum of property valuation, consultancy and quantity surveying services on residential, commercial, industrial and retail property. We are local experts supported by national resources and infrastructure that enables the delivery of professional, timely and accurate valuations.
Types of valuations
Statval
A Statval is an assessment of a residential property generated by a computer model which relies on publicly available statistical data, combined with Propell’s own analysed data and then reviewed by a Senior Valuer. From $165.
Desktop Assessments
This is an office-based estimate of value using our local knowledge and expertise with information from our nationwide property database performed only by one of our Senior Valuers. From $220.
Restricted Assessment
A Restricted Assessment is a process where a Valuer is armed with all the property’s details and market research including comparable sales evidence and views the property from the street front. From $275.
Full Valuation
A Full Valuation includes a comprehensive inspection of the property where all relevant fixtures and features are detailed and the improvements measured to ascertain floor areas. From $385.
Statval
A Statval is an assessment of a residential property generated by a computer model which relies on publicly available statistical data. An address is imputed into the system, which generates an assessment of the property based on a range.
Our assessment uses this as a basis, however, all our analysed sales and valuation data has been imputed into the model to supplement this publicly available data. Our data totals over 1,000,000 analysed records. This ensures a higher degree of accuracy. In addition to this, this Statval assessment is reviewed by a Senior Valuer who works in that location and market type to ensure that no major error has been made by the computer model.
A Statval is very useful to establish a realistic value range for a property you may be considering to ensure it is in your price range. These assessments can be completed within one hour during work hours and at a very economical cost.
Desktop Assessments - Remote Area Desktops
In the provision of a request we ask for as much detailed information that could be provided.
Desktop Assessments are only carried out by Senior Valuers with a wide range of experience over multiple areas. Therefore having been exposed to more than one market place and one market cycle, ensuring they have the ability to assess, analyse and interpret differing markets.
Upon receipt of a request a file will be produced as per a conventional valuation. A detailed sales search would be carried out from Commercial Data providers.
As well as use of the best available technology in relation to satellite, aerial photography or streetscape mapping to view the property and the surrounding development and location. The assessment is based on as much detail as the Valuer can possibly obtain without physically inspecting the property. This assessment will have a greater degree of accuracy than the Statval and can still be done within a relatively short time period.
Restricted Assessment
A Restricted Assessment is a process where a Valuer is armed with all the property’s details and market research including comparable sales evidence, views the property from the street front.
This allows the Valuer to make a more hands on assessment than they can via a Statval or a Desktop. This style of assessment is used when you are serious about a property, however, do not want the agent or owner to know your intentions.
Full Valuation
A Full Valuation includes a comprehensive inspection of the property where all relevant fixtures and features are detailed and the improvements measured to ascertain floor areas. Aspects such as the functionality of the floor plan, quality and date of fitout and condition of improvements have a significant impact on the property’s value and saleability. These areas can only be fully ascertained via a detailed internal inspection. This style of valuation is used where a decision is in the balance or your confidence level requires a professional opinion to allow you to make an informal, unemotional decision.
