Looking for a Comprehensive Property Valuation?
At Midlands Real Estate, we pride ourselves on delivering comprehensive valuation reports to our clients that go well beyond a property market value. We provide valuations throughout the regions of Laois, Offaly, and Westmeath.
As a reputable member of IPAV, we stand committed to upholding the highest industry standards and providing our clients with unparalleled service by submitting a report that offers more than just the property value.
We understand that a property’s value isn’t solely derived from numbers but is a culmination of various factors. That’s why our valuation reports offer an in-depth analysis that encapsulates the essence of the property’s worth
What’s the process of getting a valuation?
Initial Instruction: Upon receiving instruction, Midlands Real Estate will engage in a brief discussion regarding the basis of the valuation and will outline the terms that will govern the valuation process.
Site Inspection: The valuation will commence with a visit to the property so we can physically exam the property. We assess its location, condition, features, and any unique attributes that contribute to its value.
Desktop Research and Analysis: Midlands Real Estate will then adopt a pragmatic approach, reviewing data and conducting an in-depth analysis to ensure a comprehensive valuation process. At this point we will take the following into consideration.
Detailed Comparative Property Analysis: We conduct a review of similar properties in the area, providing valuable insights into how your property compares in terms of value and market position.
Market Trends: Our reports incorporate the latest market trends and fluctuations in the property landscape within Laois, Offaly, and Westmeath, offering a clear understanding of the current market conditions. The following factors will be considered, Supply & Demand, Economic Factors (A thriving local economy often correlates with increased property demand and higher values).
Industry Standards: At Midlands Real Estate, we adhere to the professional standards outlined in the Blue Book, which serves as a guide for professionals constructing property valuations. The Blue Book, governed by the Institute of Professional Auctioneers and Valuers (IPAV), sets industry practices and guidelines to ensure the highest quality in property valuations. These standards encompass a comprehensive framework that valuers, including Midlands Real Estate, strictly follow to ensure adherence to the most stringent quality benchmarks. It’s important to note that the Blue Book standards are inline with European Valuation Standards (EVS) set by the European Group of Valuers’ Associations (TEGoVA).
Issuing of Valuation Report: Midlands Real Estate follows a clear schedule of five working days from the moment we receive instructions to the delivery of our report to clients. We ensure our clients have sufficient time to carefully review the report and we welcome any questions or concerns they may have regarding its contents.
Looking for a valuation because your thinking of selling? At MRE, we offer all potential sellers the opportunity to avail of a FREE market appraisal of their property. To avail of this, CLICK HERE, and contact us today.
