We Provide Property Valuation Reports in Brisbane
Buy or Sell With Confidence
If you’re looking to crack into the real estate market or you’re about to sell an investment property, speak to our valuers first! Here at Peterson Property Valuation, we help clients all over Brisbane better understand the current market by providing detailed pre-purchase or pre-sale property valuation reports.
Our qualified independent valuers will research current and historic market trends in your geographical location, before providing an accurate assessment of the local area. This way you’ll know you’re not paying more than you should for a home or asking for an unrealistic price when selling.
Family Law, Resumptions & More
To ensure we meet our clients’ needs, our valuation services also cover family law property disputes, resumptions, capital gains tax and stamp duty valuations. We have the tools and industry knowledge to provide accurate and efficient valuations, so that there is a fair division of assets between separating or divorcing parties.
We understand having your land resumed or acquired is a stressful process. That’s why we strive to ensure you get the compensation you deserve and that your objections are heard by the relevant parties. Our professional valuers also handle superannuation valuations, business asset valuations, land valuations and much more. Give our team a call on (07) 3355 1311 to find out more.
Frequently Asked Questions
Firstly, it can help you understand the market value of your home or investment property. This is useful when selling, as you’ll know how much you can realistically ask for the property. Secondly, a property valuation can be used as evidence in court proceedings. If you’re in the process of buying or selling a property and a dispute arises, having a valuation to back up your case can be helpful. Finally, valuations can identify potential problems with your property. If you’re thinking about purchasing a property, getting it professionally valued can help you avoid any nasty costs.
A qualified valuer carries out a property valuation. They will visit your property and take into account a range of factors, such as its size, location and condition. They will also look at recent sales in the area to get a good understanding of the current market value. Once they have completed their assessment, they will provide you a report that includes a current market value and suggestions for any changes or refurbishments you could make to increase the value.
When you are purchasing a residential property in Queensland, you can receive what is known as a “stamp duty valuation“. This appraisal will help determine the amount of stamp duty you must pay when it comes time to complete your purchase. If your stamp duty exceeds $100,000 (or $5,000 if the property is located in regional or rural Queensland), you can apply for a formal valuation. However, this is not compulsory and many people choose to complete their purchase without one.
A capital gains tax (CGT) valuation is an assessment of your investment property that is used to calculate the amount of CGT you must pay on any profits you make when selling. The value is based on the purchase price and any improvements you have made to the property, minus any costs you have incurred (such as agent’s fees, stamp duty, etc). In most cases, you’ll be required to provide a written valuation from a qualified valuer as part of your capital gains tax return.