What is a Blue Book Valuation?
“The Blue Book” Professionalism in Valuation Standards Today Tomorrow and into the Future. IPAV 7th Edition 2020
What is a Blue Book Valuation?
The European Group of Valuers’ Associations (TEGoVA) is a prominent organisation that plays a significant role in shaping property valuation standards and practices across Europe. TEGoVA doesn’t directly influence the “Blue Book” used in Ireland, as the Blue Book is specific to the Irish valuation standards, which are set out by the Institute of Professional Auctioneers and Valuers (IPAV). However, TEGoVA’s initiatives and guidelines could potentially serve as a reference or source of inspiration for IPAV when developing or updating the valuation standards set out, although the direct link between TEGoVA’s influence and the specific content of the Blue Book used in Ireland might not be explicitly stated or documented.
The Blue Book represents a set of standards and guidelines guiding estate agents and valuers, such as Midlands Real Estate, in the process of property valuation. While the detailed specifics of the Blue Book itself remain confidential, its principles underscore the essence of consistency, precision, and professionalism in assessing property values.
To view the Blue Book (EVS2020), click here.
Midlands Real Estate is a proud member of IPAV and is committed to upholding the values and standards set out by the organisation. We adhere to industry best practices and diligently implement the guidelines presented in the Blue Book. Our dedication to maintaining these high standards ensures that every property valuation we undertake is conducted with precision, transparency, and professionalism.
The Blue Book upholds a high standard of professionalism within property valuation in both residential and commercial property values.
At Midlands Real Estate, we take pride in delivering accurate and reliable valuations, staying true to the principles espoused in the Blue Book, and demonstrating our unwavering commitment to our clients and stakeholders.
Our commitment to excellence extends to adhering to the standards outlined in the Blue Book, ensuring that our valuation reports meet stringent quality benchmarks. By combining meticulous analysis with adherence to industry-leading standards, we aim to provide our clients with unparalleled insights and confidence in their property transactions.
What Makes Midlands Real Estate a Leading valuer in the midlands, covering Laois, Offaly and Westmeath?
When it comes to our Valuations, our commitment goes beyond simply determining the value of a property. We offer our clients a comprehensive report that delves deep into the specifics. Our in-depth reports are meticulously crafted, providing up-to-date market analysis reviews, insights into current market trends, and detailed comparative property reviews. These aspects are crucial in ensuring our clients receive a thorough understanding of the property’s worth in relation to the prevailing market conditions.
At Midlands Real Estate, we pride ourselves on being more than mere sales/ valuation agents; our team possesses an understanding of building and construction. This knowledge enables us to offer a level of insight into properties that extends beyond the surface. Our expertise in building and construction equips us with a discerning eye to accurately evaluate a property’s value, factoring in not only its superficial appearance but also we will consider the type of construction when determining the value of the property. This depth of understanding allows us to provide our clients with the most honest, detailed, and reliable valuations.
Additionally, our valuations allow for a detailed examination of the property’s physical attributes and features, considering its condition, location advantages, and any unique characteristics that may influence its value. This comprehensive approach enables us to furnish our clients with not just a value, but a holistic view of their property’s position in the market.
Lastly, our commitment to excellence extends to adhering to the standards outlined in the Blue Book, ensuring that our valuation reports meet stringent quality benchmarks. By combining meticulous analysis with adherence to industry-leading standards, we aim to provide our clients with unparalleled insights and confidence in their property transactions.
Should you require a Blue Book Valuation, get in touch. Click Here
