What is usually included in a valuation report?
Most valuation reports are fairly similar and usually, have the following information:
- Purpose of Valuation and instructions from whom
- Summary description of property
- Current Market Valuation
- Photograph of property
- Analysis and methodology of value
- Legal Description
- Resource Management particulars including zoning
- Location Description including School zoning
- Land Description and characteristics
- Market Commentary
- Description of buildings and other improvements
Some reports may have less or more information depending on the purpose or the type of property being valued.