Adelaide Compensation Property Valuation
There are many circumstances that may require a compensation property valuation in Adelaide, and our team at Vals SA can help no matter what. Anything can happen to your properties and when it is outside of your control then you as the owner could be compensated.
A compensation property valuation is normally conducted when there has been an encroachment on your property or if your property has gone through a compulsory acquisition to make way for new infrastructure for public use. No matter the situation you want to make sure that your property is accurately valued so that you can receive adequate compensation.
For compensation, a valuation could be a retrospective one. A retrospective property valuation is a process of finding the value of a property as it was at a specific date in time. So, with a compulsory acquisition as an example, the valuation would be true to the value of the property on the date it was acquired.
To determine an accurate value of a property, our valuers examine over 200 factors that influence a property’s value. These include:
- The property’s size and its land usage
- Its location includes distance to local amenities such as shops, landmarks, and transport
- Its general condition and if the there were any recent renovations
All of this is combined with a comprehensive analysis of the local property market and comparable properties to the date that is required. This then forms an accurate calculation of the property’s value ensuring that you are correctly compensated.
Compensation Property Valuation Adelaide
State and national legislation states that a compensation valuation must be conducted by a certified independent valuer that has no connection to the property and is free from outside influence. The valuers we provide at Vals SA meet these requirements and are also more than qualified for the job.
Our independent valuers have extensive experience across all property types—residential, commercial, and industrial. Each expert is a Certified Practising Valuer (CPV) accredited by the Australian Property Institute (API) and registered with the Royal Institution of Chartered Surveyors (RICS), with many also holding AVI qualifications. With over 20 years of industry experience, our team consistently meets all industry standards and requirements, ensuring that every valuation is accurate, reliable, and professionally delivered.
The team at Vals SA have a strong work ethic and perform all duties while staying true to our company’s core values, accuracy, honesty, and integrity. By working hard, we have become highly regarded as one of the leading valuations firms in Adelaide and across South Australia. We provide high-quality service that caters to the needs of all our clients, be they individuals seeking a residential compensation valuation or a large corporate entity seeking compensation on their commercial/industrial properties.
If you’d like to know more about our compensation valuation services or any of our other services, feel free to reach out to our team. We’re always happy to help. Contact us via our contact form or call us on (08) 7009 4449.