Hi All,
Just wondering if there's any valuers on SS that may be able to assist answer some questions?
Situation: I need a valuer (not a property manager) to provide a rental valuation.
My question is how or what is a rental valuation based on? i.e. With residential sales, i know the size of a house is considered important. Is the size of a house (in m2) just as important when it comes to rental valuations?
For example, if I have 2 properties in comparable condition on comparable land sizes yet 1 is 62m2 and the other is 43m2...The 43m2 is being rented for $265/week and we're trying to determine the rental value of the 62m2 comparable home.....how would the valuer then determine the rental value of the 62m2 house?
Just wondering if there's any valuers on SS that may be able to assist answer some questions?
Situation: I need a valuer (not a property manager) to provide a rental valuation.
My question is how or what is a rental valuation based on? i.e. With residential sales, i know the size of a house is considered important. Is the size of a house (in m2) just as important when it comes to rental valuations?
For example, if I have 2 properties in comparable condition on comparable land sizes yet 1 is 62m2 and the other is 43m2...The 43m2 is being rented for $265/week and we're trying to determine the rental value of the 62m2 comparable home.....how would the valuer then determine the rental value of the 62m2 house?