Adelaide Retrospective Property Valuation Services
Vals SA performs retrospective property valuations in Adelaide and across South Australia. These are back-dated valuations created by investigating a property’s value at a previous point in time. No matter how far back, our team of experts can help.
Retrospective property valuations are done for many reasons and our team of valuers tailors their reports to suit your exact situation. Common types of a retrospective valuation include:
- Capital Gains Tax (CGT) Valuations: When you profit from the sale of a property then you are expected to pay tax on this gain. To properly calculate how much the capital gain is, you must first have the value of the property on the date it was acquired which is uncovered through a retrospective valuation.
- Divorce/De Facto Property Settlement Valuations: For settlements, it’s important to ensure a fair and just division of the property and its value. We provide detailed and unbiased reports so that all parties can mutually agree that the valuation is correct. Valuations for purposes of settlements are delivered in short form, which is the preference at this legal stage.
- Deceased Estate Valuations: These valuations are always retrospective as the executor of the will need to present an accurate property value true to the date of death (DOD). This ensures a fair division of the property in accordance with the will of the deceased.
When our valuers conduct a retrospective house valuation, they investigate the property thoroughly. They examine:
- The property’s size and the size of the land it sits on
- Its location and distance to local amenities such as cafes, schools, shops, and transport
- The general condition, special features and finishings of the property
- Any relevant historical information or events involving the property
These factors and all others must be accurate to the specified date. This is then combined with market data from the past to determine the value of the property true to the specific date our clients need.
Retrospective Property Valuation Adelaide
Vals SA is one of the leading valuation firms in Adelaide and throughout South Australia. We’ve achieved this by only hiring the best and most qualified. Our valuers each has over 20 years of experience as a Certified Practising Valuer (CPV) with an accreditation from the Australian Property Institute (API). They are also registered members of the Royal Institute of Charted Surveyors (RICS) and AVI. This guarantees our clients with expert service.
Our valuers’ expertise covers more than just house or residential properties. Our team conducts retrospective valuations on all property types including commercial and industrial properties.
If you’d like to book our services for a retrospective valuation of your property or if you have any enquiries, contact us today. Our qualified staff can help you. You can contact our team by filling out the contact form we’ve provided, or you can call us on (08) 7009 4449.