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So how large is this shed and what would it cost to build it new? Rarely do improvements like this add the same value as cost .. and it would be a cold day in hell that it is worth more than what a person could buy identical vacant land and build the shed. cheers RightValue

No the bank managers don't say anything.. actually they want the valuation as high as possible.. the more they lend the more they earn. I repeat what I have said time and again. As a valuer I have NEVER been asked by a lender to do a lowball valuation. Also beware, some lenders will not...

It is quite possible that the valuer will listen to the agent .. However the sales evidence should speak for itself. The valuer should look at sales evidence as close to the block being valued as possible - because in many places different parts of suburbs actually do have different land...