If yours is not below, ask a real valuer and a valuer picks it up.
A valuer's signed opinion of what a property was worth on one nominated day, with the comparable sales and the reasoning set out beneath it. Note that it opens by describing what it is valuing. In Norwood, where the boundary between one property and the next often runs through a wall, that description is doing as much work as the figure underneath it.
An appraisal is a free, unsigned selling estimate offered while an agent competes for a listing. A valuation is independent of any sale, effective as at a stated date, evidenced by settled sales and signed by the person whose opinion it is. An appraisal can describe a Norwood property loosely and still do its job. A valuation cannot, because somebody else has to rely on exactly what it covered.
In South Australia, a valuer whose qualification and standing allow a third party to act on their opinion, working within the scheme set up by the Land Valuers Act 1994. The name and credentials appear on the report itself, which is what makes it something an auditor, an accountant or a revenue office can use.
Yes. A valuer independent of your fund prepares and signs it, SISR 8.02B is the standard it is written to, and the comparable sales are attached rather than summarised, so an auditor can follow the figure back to its evidence.
The valuer who reached the opinion, named with their qualification. Not the model that gathered the evidence, and not anyone signing in their place. (from $550).
No. Nothing in it is signed, so there is no independent opinion for an auditor, an accountant or a revenue office to stand on. It also reads only what the record holds about an address, and in Norwood the record stops at the front of the property. Use it to decide. On timing: a signed desktop report usually goes out the same day, and an Automated Market Assessment arrives the next business day.
It is effective as at its date rather than open-endedly. Where the organisation receiving it applies a currency period, that period governs, and your adviser will know which. Note too that a Norwood property can change materially between one report and the next, since this is a suburb that is rebuilt in place, and a figure prepared before that work is not a figure for what stands there afterwards.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments. Inspection valuations start at $550, with the exact price confirmed at checkout before you pay, never after.
An advertised price is a marketing position, often a range set to attract interest. A valuation reports settled evidence. In Norwood the two also part company because a campaign describes the address and the street, while the valuation has to be precise about which part of a structure is being valued and what comes with it.
A signed desktop report is usually ready the same business day. An inspected report waits on access, and in Norwood that visit is often the step that resolves what the property takes in, so it is worth the wait where the extent is unclear. An Automated Market Assessment arrives the next business day.
No. A rates notice generally carries a land value, the ground on its own with nothing built on it, struck for rating at a date the council chose. Where properties are attached and the ground beneath them was divided long after it was first laid out, as it was across much of Norwood, that figure answers a different question from yours. A valuation covers the whole property at the date you need.