3 different property valuations

When working with clients we guide them through the different types of valuations to consider. We offer a thorough overview based on comparables, market demand, area, site and condition to establish the market value. 

The other two, what others will pay and what it’s worth to you, are more nuanced and only one of those are you in control of, what you’re willing to pay.

Let’s break it down.

The market value

Determine based on data, comparables, area, demand, site, condition, and vacancies to name a few. This is where we help.

What others will pay

Unknown and out of your control. Always be prepared that you could purchase it for below market value or way above - what others will pay is an unknown. We can help guide the approach when negotiating (or at auction)

What it’s worth to you

Weigh up the market value and determine what your absolute final amount is.  What does the property represent to you? does it require work and if so, how much? What does life for you feel like if this is the space you’ll occupy?

We can help sound board objectively.

Reach out for information on how we can represent you in valuing and purchasing the right site.