Frequently Asked Questions (FAQs)

 

What is Involved

Physical inspection of property, inside and out, including measuring up buildings, photographs, inspection of applicable sales evidence in locality, and drafting report to comply with NZIV/PINZ standards plus Compliance Statement IVS3.

Content of Report

Legal Description, including copy of Computer Freehold Register Identifier; Rating Valuation; Valuation calculation and methods adopted; supporting sales and rental evidence (if applicable); Property Risk Analysis; description of property, zoning, building age, construction and condition, any other buildings and site development; comment on any areas of concern, such as zoning; title encumbrances and building construction, plus whether any further investigation of these is warranted; compliance statement; and International Valuation Standards and valuation policies adopted in preparing the report.