12 Jun What is a Land Valuer?
Are you about to buy or sell property? Or perhaps you’re in the midst of a legal dispute involving land value? You might have heard the term before, but it’s important to know what a land valuer does and why their services are crucial in the Australian real estate industry.
A land valuer is a certified professional that completes an assessment of the value of your land only, based on facts and data. Property valuations are also available to determine the value of your property, however, land valuations are only regarding the site your property is on.
Our land valuers take into account several market factors and perform thorough research, including:
- Researching the property market
- Examining trends and recent sales
- Vacant or lightly improved properties that have recently been sold
- The land’s present use and zoning under the relevant planning scheme
- Physical attributes and constraints on the use of the land
As well as trends in the property market, physical factors that can influence a land valuer can include:
- Shape, size and topography
- Light, air, noise and vibration
- Environmental factors including overgrowth, rivers,
- Access to clean water
It’s crucial to choose the right professional to perform your valuation. Always opt for a certified and experienced land valuer, preferably one who is a member of the Australian Property Institute (API). They should be familiar with the local real estate market and have extensive knowledge of prevailing market conditions and regulations.
Contact Australian Valuers
Our team would be more than happy to help you find a land valuer. We have a team of highly specialised professionals who have the experience to provide clients with reliable, independent property valuation advice. Our team is well-versed in both residential and commercial property valuation. When you choose to use our team you’re choosing Australia’s best valuers. Contact our team today!