Pre-Purchase, Pre-Construction & Progress Valuations
It is important to get a valuation done before beginning renovations or a new build. We can assess your plans to accurately ascertain the added value and completed value of the project. This involves looking at floor plans, elevations, specification details (such as kitchen, bathrooms and quality of finish), landscaping details and the build cost.
A valuation before undertaking a project can help with financing requirements but also offer an understanding of the implications of overspending by comparison to the added value of the proposed work. Progress valuations can also be undertaken to keep an eye on the progress of construction and the cost involved. Banks will want to know what is happening with their money, so progress reports help you to keep them happy. A final valuation is also undertaken at the Code Compliance stage once construction has been completed to determine the final value.