Development Valuations

Are you looking to buy a development?

Adelaide Property Valuers have over 110+years of experience and expertise. Each of our qualified independent valuers have over 10+ years each in valuing small and large developments.

To accurately value the property, we need to adopt a hypothetical development cost approach, which involves determining the value of the land assessed by deducting from the gross realisation an allowance for selling expenses, legal expenses, advertising, profit and risk, loss of interest over the development and selling period, development costs, rates and taxes and initial expenses. The end figure is then considered to be a realistic guide to the market value of the land, in that it measures what a prudent purchaser would be able to afford to pay for the land and still make a profit from the venture, whilst at the same time being sufficiently rewarded for the risk undertaken.

Adelaide Property Valuers take pride in their customer service and high quality reports. Our quick turnaround time for a development valuation is 3-5 business days from inspection.

 

To book in your valuation, CALL NOW on (08) 7009 4446