Commercial Valuations
Trusted by Nelson and Tasman property owners for over 50 years.
Delivering accurate valuations in your time frame.
Delivering accurate valuations in your time frame.
VALUATION SERVICES
Offices, retail, industrial, hotels, campgrounds, retirement villages, large utilities (such as airports). We are Quality Assured approved valuers and panel valuers to all major lenders.
TIME FRAMES
MORTGAGE VALUATIONS: 10 working days (approximate)
INSURANCE VALUATIONS: 10 working days (approximate)
We understand that timing can be critical as work loads vary from week to week, get in touch to discuss your needs. We can usually accommodate urgent valuations.
CLEAR AND DETAILED REPORTING
REPORTS WRITTEN TO BE READ AND UNDERSTOOD
Simple and easy to understand
Reports have been designed for the non-technical reader and written in plain English language. They will provide the reader with a detailed description of the property and a walk-through of the valuation process, leading to the concluded market valuation figure.
Clear graphics
We use clear charts and images to illustrate key information such as pricing and market trends.
All the detail you need
Our comprehensive reports display all the information needed in a clear and logical format.
GET THE MOST ACCURATE MARKET VALUATION
MARKET (MORTGAGE) VALUATION
Take some of the stress out of buying a commercial property, with a punctual and accurate valuation.
You may need a market valuation for:
- Pre-purchase and pre-sale
- Mortgage or refinancing
- Estates and trusts valuations
- Matrimonial property settlement
- Unit title assessments
- Taxation-related valuations
- Asset register
When you need it
Our usual turnaround is up to 10 working days. We will work with you to get your valuation to the right person at the right time. If you need an urgent valuation, we can usually accommodate your needs.
Quality Assurance accredited mortgage valuations
All major lenders will accepts a valuation from a QA accredited valuer. Valuations are valid for up to six months, so you can reduce the stress and choose your own valuer by instructing us in advance.
Revaluations
As your circumstances change over the years, you may need a revaluation of your property. Once we have done an initial assessment, the revaluations can be much less time consuming and therefore cheaper.
Combine your Mortgage and Insurance Valuations
We offer a combined package that saves you money and time.
Other valuation services
- Market rental assessments
- Staged development valuations and progress certificates
- Financial reporting
- Compensation assessments
- Expert evidence before tribunals and courts
- Feasibility studies and appraisals
- Dispute resolution services
PROTECT YOUR PROPERTY BY ACCURATELY INSURING IT
When disaster strikes, the last thing you want is to join the insurance lottery.
REINSTATEMENT ESTIMATE
Mitigate your risk by getting an accurate rebuild valuation report from Duke and Cooke.
What is included in the Insurance valuation?
An insurance report provides your insurers with the required figures for determining your property’s total Sum Insured, which determines your premium. It is a combination of the following components.
Reinstatement estimate
+
Demolition
+
Inflation
=
Sum Insured
Reinstatement estimate
The cost to rebuild a Building Act compliant structure, in current equivalent materials, which includes allowances for design and consent fees.
Demolition
The cost of site clearance in the event of a loss.
Inflation
The anticipated amount by which the reinstatement and indemnity amounts may increase during the period of insurance and any additional time required to rebuild.
Revaluations
As your property changes over the years, it is important to keep the valuation up to date. We offer a revaluation service on the same property, once we have done an initial assessment. Revaluations are much less time consuming and therefore cheaper. Keep your insurance policy up to date and save money on future valuations.
ETHICAL AND RIGOROUS VALUATION PROCESS
OUR VALUATION PROCESS EXPLAINED
Define the scope of works
We create a Scope of Work to:
- Define purpose and extent of the valuation
- Confirm to whom we will be reporting
- Provide and estimate cost
- Explain the mutual obligations of the valuer and client
- Detail our Terms of Trade
Background research
Before we inspect the property, we research property information such as rating valuation, title, encumbrance, and local authority resume management needs.
Physical inspection
We will arrange a time to visit the property for a physical inspection. We measure the whole property and inspect the construction and condition. We also review the local features such as, profile, proximity to major transport routs and recent sales.
Market research
Following the inspection, we compare the property to recent sales and others on the market.
Valuation process
After all of the information has been collected, we then value the property for its current value/rental value as outlined in the Scope of Works.
Reporting
We pride ourselves on having the most comprehensive reporting in the Nelson/Tasman region. The documents clearly convey relevant values, methodology used and reasoning behind our valuation process.
Delivery
The report is then delivered via email (.pdf) followed by a hard copy (if required). We also deliver the report to any relevant parties outlined in the Scope of Works.
COMMERCIAL CONSULTANCY
SPECIALISED CONSULTANCY SERVICES
Let us help with the hard decisions
Our commercial valuers have a wealth of experience that they can share with you that may not require the provision of a valuation as such.
Consultancy services can include:
- A simple face-to-face meeting and discussion with one of our valuers
- Market overview reports tailored to your needs
- Providing expert evidence for planning applications, property development, property disputes etc
- Completing feasibility studies for proposed developments