Valuation of Fixed Assets
When it comes to real estate and property management, body corporates have a duty and responsibility of valuation of assets annually for Insurance and other purposes.
Replacement Costs
This type of property valuation is of great importance, as it accurately secures a property in the event of natural disasters or legal battles.
We will provide an accurate, reliable valuation report, with expert guidance and informed decisions, giving you confidence for any sudden future loss or calamity.
In determining the value of these immovable properties and fixed assets, it is important to apply proper valuation principles and formulas.
Usually, trustees entrust this task to non-registered Valuers, which results in opinionated, biased and inaccurate values. In order to avoid any negative outcomes and liabilities, consulting with a reputable valuation firm, such as Havco Properties, will assure you an expertly guided report, comprising of proper research and superior quality service.
Our Valuation Methods
- An inspection of the site of the immovable property,
following a formal valuation which includes the required quantity
surveying, area logistics and building demographics.
- The second year following the issuing of the first valuation, a review is undertaken incorporating any new adjustments and
changes in building cost.This valuation is given at a negotiated fee compared to the first formal valuation.
- 3 years prior to the first valuation, we again provide a new formal valuation which incorporates an all-round review and analysis of the immovable property.It is a complete research of aspects, in line with current economic and trade systems. .