What is a full property valuation?
A full property valuation is a detailed, inspection-based valuation assignment with an expanded written report. Often described as a long form valuation, it explains the property, market evidence, methods and reasoning supporting the value conclusion at a specified date.
Report terminology varies between valuers and recipients. Confirm the actual scope required, particularly for complex property, lending instructions, legal proceedings or financial reporting.
Full, short form or desktop?
| Format | What distinguishes it |
|---|---|
| Desktop valuation | Uses available information without a physical property inspection; suitability depends on the instructions and evidence. |
| Short form valuation | Typically inspection-based, with a more concise report prepared for its defined purpose. |
| Full or long form valuation | Inspection-based assessment with more extensive property analysis and reporting narrative. |
A longer report does not guarantee a different value or acceptance by every recipient. The useful distinction is whether the investigation and explanation meet the needs of the assignment.
What a full report can include
- The client instructions, purpose, intended users and valuation date.
- Property and title information, improvements and inspection observations.
- Relevant planning information and identified constraints.
- Comparable sales, rental evidence or income analysis as appropriate.
- Selected valuation methods and explanation of the conclusion.
- Assumptions, limitations and matters requiring further investigation.
For leased commercial property, the scope may include tenancy and income analysis. For a family law valuation, legal instructions may specify additional reporting requirements. Building, engineering and environmental investigations are separate services unless expressly included.
Prepare the brief
Provide the address, property type, required valuation date, purpose, recipient instructions and deadline. Include plans, leases, title information and available specialist reports. Explain unusual features, proposed works or historical condition changes that could affect the assessment.
Frequently asked questions
Is a full valuation always necessary?
No. The purpose, property and recipient requirements determine the appropriate scope. Discuss those requirements before selecting a report format.
Can a long form report assess an earlier date?
A retrospective valuation may be possible where suitable historical evidence is available. The report should explain how the earlier condition and market have been assessed.
How much does a full valuation cost?
The property, research, inspection and reporting requirements affect the fee and timing. Request a full valuation quote with the brief and any recipient instructions.
Property valuation pricing
Propti property valuations start from $350 inc GST. Your required report format, property, purpose, valuation date and inspection requirements determine the final fee. We confirm the total price and expected timing before you proceed.