Documented property valuation

By investing in a quality valuation, you are investing in the security and success of your transactions.

Determining the value of a specific property can be a very sensitive issue, especially if the property is on the market and there is active search for a buyer. It often happens that the seller's and buyer's price expectations differ drastically, so having a documented valuation from a certified appraiser can be extremely helpful in finding common ground between the two parties.

In addition to sales, proper property valuation can be crucial in leasing, insuring, taking out loans, and quickly resolving legal disputes. In the following part of our article, you’ll learn all about documented appraisals, their significance, and how they can help you make the right decision.

What is a Documented Property Valuation?

A documented property valuation is a document or report in which authorized appraisers clearly and transparently calculate and present the market value of a property at the present time. It contains all relevant data, analyses, and methodology used to determine the market value of the property. It is clearly formulated and based on objective data that can be used for legal, financial, and market purposes. Every report should contain a physical description of the property and a review of its legal and property status.

When is a Documented Valuation Required?

A documented property valuation may be needed in various situations, including:

Property transactions – to determine the real market price;
Mortgage loans – banks require an appraisal as the basis for loan approval;
Tax obligations – when declaring taxes on sales, inheritance, or gifts;
Legal disputes – in cases of property division, divorce, etc.;
Investment analysis – for making strategic decisions about buying or selling;
Financial reporting – for companies that keep property records.

Who Can Create a Documented Valuation?

Property valuations are carried out by authorized court experts in construction or property valuation, licensed appraisers, or professional organizations specializing in asset evaluation. In most countries, for the report to be legally valid, the appraiser must be registered in the appropriate register and hold licenses that confirm their expertise and impartiality.

What Does the Valuation Report Contain?

A high-quality valuation report contains:

General data – basic information about the client, appraiser, and date of valuation.
Property description – location, area, purpose, condition of the property, infrastructure.
Market analysis – review of the real estate market in the area, trends, supply, and demand.
Valuation methodology – commonly used methods include:
Comparative method (based on prices of similar properties),
Income method (for commercial properties, based on expected income)
Cost method (valuation based on land value + construction costs - depreciation).
Legal aspects – review of ownership documentation, restrictions, burdens, registration in the land registry and cadastre.
Conclusion – estimated market value with explanation and justification.

Why Is It Important to Hire a Professional?

An incorrect or unrealistic valuation can lead to poor financial decisions, overvaluation or undervaluation of the property. A quality documented valuation provides:

Objectivity and credibility;
Protection of the client’s interests;
A reliable basis for negotiations or legal processes.

Whether you are buying, selling, renting, or investing in real estate, a documented valuation is the foundation of safe and informed decision-making. It is not just a "paper" – it is a tool that can help you make the best decision in one of the most important financial steps of your life. By investing in a quality valuation, you are investing in the security and success of your transactions.

That’s why it is crucial to hire an experienced, licensed, and reputable expert.

Our agency brings together a team of experienced, licensed appraisers who base their work on knowledge, ethics, and modern international standards. Our mission is to provide clients with accurate, objective, and legally valid valuations, tailored to every need – whether it is for selling, buying, financing, or legal proceedings. Prostor Agency is not just a name – we are your trusted partner when making big decisions. Whether you need a simple property valuation or a complex analysis of an investment project, we provide security and attention to every detail.

Ena-Lemana S.