1) the property in question has been sold in the last 10 years
2) the property is in reasonable conditions
3) the property has not been substantially changed since the last sale (built, sub-divided, renovated, etc)
4) the property is relatively standard (normal size, normal building)
5) there are many similar properties sold or listed in the local area
Details of Desktop Valuation
1) Instruction details
a) instructing party b) customer name & details c) reference number & date d) purpose of the report
2) Property details
a) property type b) local government area c) title details d) zoning e) year of construction f) additions if any g) parking facility h) general specifications ie wall, roof, flooring i) last sale date j) last sale price
3) Assessment details
a) assessed value b) assessment completed date c) customers estimate
Available sale instances data a) sale date b) sale price c) comparability to subject property – comparable or not comparable d) plan to show plot area, built-up area, road positions, and other important details e) zoning f) distance from the subject property g) comments if any
6) Site photo
Subject property photographs from the inner and outer side
7) Aerial Map
Google location showing the subject property and adjacent properties
8) Cadastral map
late scale map showing the boundaries of subdivisions of land, usually with the directions and lengths thereof and the areas of
9) Street Map
It is the map that primarily displays roads and transport links rather than geographical information
10) Disclaimer and copyright
Core Logic and its licensors are the sole and exclusive owners of all rights, title, and interest (including IPR) subsisting in the EVR desktop report, including any data, analytics, statistics, valuation amounts, and other information contained in the publication
Market risk is the risk of losses on financial investments caused by adverse price movements
The highest market score indicates an increased likelihood that there is an oversupply of properties for sale in the local area and download
Property Risk Score
Risk events such as fires, adverse weather conditions, and terrorist attacks all fall into the category of property risk
A higher score indicates an increased difficulty in accurately determining a property value due to its unique characteristics and a lack of comparable recent sales
1) a desktop valuation review before leaving the office given the facilities now available is more important than ever
2) introduction of street view through google gives an opportunity to have a look at the area to remind yourself of what you can expect
3) more emphasis is placed on environmental considerations on a new site than an existing one because things have changed
4) as it is a new site it is very likely that subsidence risk will have been neutralized by design and requirements under building control, however, this could generate useful questions on site
Desktop Valuations – solution to travel restrictions due to coronavirus in a pandemic situation
We take all possible care for accurate & authentic news/empanelment/tender information, however, Users are requested to refer Original source of the Notice / Tender Document published by the Issuing Agency before taking any call regarding this tender.
