A retrospective or back-dated property valuation is an investigation into the value of a subject property at a previous point in time. This differs from a current market valuation, although has a similar process.
Both types of valuations require extensive research into internal and external factors of the property, coupled with an analysis of the property market at that point in time. Retrospective property valuations are needed in many circumstances, including:
- Settlement purposes
- Deceased estate valuations
- Capital Gains Tax
- Government grants
A retrospective property valuation requires a comprehensive analysis of variables which influence the property at a previous point in time. An independent property valuer will consider the price the property was purchased at, if it was purchased, the size and condition of the property at the specific point in time, coupled with an in depth analysis of the property market to determine the fair market value at any given point in time.
Why choose Sydney Property Valuers for your retrospective/ back-dated property valuation?
Here at Sydney Property Valuations, our valuers have over 20 years’ experience within the property industry and are certified with the Australian Property Institute (API) to provide our clients with clear and concise retrospective valuation reports. We are committed to delivering outstanding customer service and providing reports which are tailored to each clients requirements.
Our retrospective valuation reports are legally certified documents which are accepted by all governing bodies. Our valuations are based only on factual evidence and are not subject to any form of bias.
If you require an independent retrospective property valuation, or would like to find out more information on how we can assist you, call (02) 8599 9840, and we will be happy to assist. Alternatively, complete one of our online enquiry forms and a member of the team will get back to you at our earliest convenience.