Frequently Asked Questions (FAQs)
Cost of Valuations (including GST)
Standard dwellings $ 480
Large dwellings $ 580
Superior residences with lake or river views up to $1,000
Tauwhare, Horotiu, Ngaruawahia and Ohaupo $ 520
Cambridge $ 540
Te Awamutu, Taupiri, Huntly, Morrinsville $ 540
Raglan, Ohinewai and Matamata, $ 570
Revaluations $ 390
Farmlets (depends on size of house) $600-$850
Blocks with very large houses $800 to $1,200
Progress payments $ 190
Commercial or industrial properties incur time based fees and an estimate will be provided on request.
Time Frame for Report
Residential -- normally 2 days within Hamilton City, or in close proximity
Farmlets -- normally 2 days in close proximity to Hamilton City
Commercial and industrial -- 2 to 3 days is aimed at, depending upon report complexity
What is Involved
Physically 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.