How is Adelaide owners corporation property valuer conducted?

Adelaide owners corporation property valuer are conducted by licensed valuers and are generally required when you are selling, buying or refinancing a strata property.

The Adelaide owners corporation property valuer report will provide an estimate of the current market value of your property as well as offer insights into the strata levies, special levies and other charges that may be applicable. Here is a guide on what you can expect from a Adelaide owners corporation property valuer report.

The first page of the report will usually contain key information such as the property address, the date of the Adelaide owners corporation property valuer, the valuer’s name and contact details. It is important to check that all of this information is correct before proceeding.

The second page will provide an overview of the property and the strata scheme. This will include information on the number of units in the scheme, the lot entitlements, the size of the units, the number of car spaces and any special features or amenities that are included in the scheme.

The third page will provide an estimate of the current market value of the property. This will be based on a number of factors including the location, the size of the property, the age of the property and any recent sales in the strata scheme.

The fourth page will provide an estimate of the Adelaide owners corporation property valuer levies that are payable. This will include the base levy, the special levy (if applicable) and any other charges that may be applicable.

The fifth page will provide an estimate of the special levies that are payable. This will include the levies for insurance, repairs and maintenance, and any other special charges that may be applicable.

The sixth page will provide an estimate of the total charges that are payable. This will include the strata levies, the special levies and any other charges that may be applicable.

The seventh page will provide an estimate of the current market value of the property. This will be based on a number of factors including the location, the size of the Adelaide owners corporation property valuer, the age of the property and any recent sales in the strata scheme.