Rental Review/ Rental Determination Property Valuations
Many clients come to the team at Valuations TAS looking for a property valuation to help them determine the right amount of rent for a subject property. Our expert valuers have always been able to help. We can complete a valuation that shows the proper amount of rent a tent should be paying for any property. These valuations can be performed on any type of rental property whether commercial or residential.
In our experience many tenets are unsure if the rent they are being charged fits the property they are living in. We have also found that property owners are often confused as to how much they should be charging in rent. With one of our rental valuation reports either side of the rental relationship will be in a much stronger negotiation position when signing a new lease.
We have helped both property owners and property tenets determine the right amount of rent to be paid. Our expert valuers look at the property itself as well as the current market to make sure that the value they calculate is the right one.
An expert from our senior valuations team will create a comprehensive profile of a subject property that will detail the condition of the property, the number bedrooms, bathrooms, and any other important information that will affect the rent price. After they have this profile, they can then properly compare it to other properties in a similar position. They will look through all available data to find what similar properties are charging for rent.
This process is unlikely to find exact matches for our client’s property. This is where our experience shines. Our expert valuers are able to determine what differences exist between properties and more importantly know how these differences will affect the rent value. They are able to do this because they each have over 20 years of experience in the industry. In this time, they have completed valuations for rent many times and know all the important ins and outs of the process.
On top of their more than two decades of experience, our valuers are fully certified by the Australian Property Institute (API), Australia’s leading membership organization for valuers. This certification demands that each valuer can perform valuations that are thorough, transparent, and ethically sound. Many of our experts also hold AVI and RICS qualifications, further solidifying their credentials. At Valuations TAS, every valuation we perform not only meets these stringent standards but consistently exceeds them, ensuring exceptional quality and professionalism in every report.
We also offer short turnaround times. Our residential clients receive their valuations in 3-5 business days and our commercial clients receive theirs in 4-5 business days. After this time our clients will have a detailed and comprehensive view on a subject property and the market value of its rent.
If you are looking for a valuation of property to determine rent, reach out to us today by filling out the Contact Us form below or calling us at (03) 6169 2559.