Property valuation

"The most important factor in any property transaction is determining the right value. The cost of our specialist property economist is guaranteed to pay for itself many times over!"

An estimate, or better a 'valuation', of a property is expert work. In a valuation, a distinction must be made between the 'value' of the property and its 'price'. Even though the two may seem the same, this is rarely the case.

At Certilux, the valuation is carried out by a 'Master's graduate in economics specialising in the property sector'. The value of a property is always 'calculated' using various methods and depends on many different parameters. This should not be confused with the many 'free' valuations on offer. A serious calculation and analysis can easily take a full working day. In addition, a detailed report is drawn up, with a description and photographs of the property. At Certilux, you can count on a professional and thorough valuation.

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Reasons for a valuation

A valuation may be carried out for various reasons:

Private sale of a house or building: determining an objective market value
Forced sale of a house or building
Rental value: determining the rental value of a house, commercial premises, business or other property
Insurance value
Value after works
Mortgage security
In connection with inheritances (estates)
In legal proceedings

Determining the value to be assessed

The following values can be assessed in a valuation:

Open market value (value in a private sale): the market value, private sale value or saleable value of a property is the value that any reasonable person would be willing to pay for it if it were offered on the market with sufficient publicity. In determining this value, account is taken of the nature and intended use of the property and of the local property market.
Forced sale value
Public auction value
Insurance value
Rental value
Value after works