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Yes, the view, design and plenty of other factors will contribute to the valuation result. A valuation will list other recent sales in the area and comment on how they compare to your property. The comparison will indicate if they're inferior, comparible or superior. Things other than the...

I had a very interesting discussion with another forum member who was kind enough to pass on the attached article which appeard in the Australian Financial Review almost 12 months ago. It's essentially about the rising costs of professional indenity insurance for valuers. Many insurers simply...

Very true, then the lender will get compensated by the mortgage insurer and so on. Keep in mind though, a valuer might run 20-30 valuations a week, which could translate to upwards of 1,000 per year per individual valuer. In many cases they're probably only paid $300-$500. With default rates...

Definintely not an objective science. We've proven on multiple occassions that two valuers can have opinions that vary by over 20%. If it were a science I'd expect the variation to be significantly lower. I don't think valuers are influenced by lenders in most cases. As the article...

A broker publication came out this afternoon with the following article written by Propell national Valuers: The top 10 property valuation myths In summary the aleged myths are: 1. “Swimming pools add no value” 2. “Bank valuations are always conservative” 3. “Valuers don’t spend enough time...