Residential Valuation Report

Residential Valuation Report

A standard Residential Valuation is different from a more detailed Homebuyer Report or Building Survey. This type of report aims to provide you with the current Market Value of a particular property. A standard Residential Valuation may be required for a cash buyer, Probate or Matrimonial purposes.

Our standard Residential Valuation reports are produced by RICS Registered Valuers, and we aim to send all standard Residential Valuation reports to our clients within 24 hours of the inspection taking place.

All of our standard Residential Valuation reports also include a Reinstatement Cost.

A Reinstatement Cost is the estimated cost of rebuilding an average home of the type and style inspected to its existing standard, using modern materials and techniques, and by acting in line with current Building Regulations and other legal requirements.

This includes the cost of rebuilding any garage, boundary or retaining walls and permanent outbuildings, and clearing the site. It also includes professional fees but does not include VAT (except on fees).

The Reinstatement Cost helps you decide on the amount of buildings insurance cover you will need for the property.

It is important to note that a standard Residential Valuation report is not a thorough survey and does not comment on general issues. The surveyor will, however, comment on any significant issues that may impact the Market Value of the property.

Our standard valuations start from as little as £225.

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