Valuation is the process of estimating the monetary worth of a property. It involves determining the amount at which the subject property should transact on a given time. Real Estate is a factor of production and just like any other factor of production, its value is determined by its use which is also dependent of its demand and supply. There is therefore need for adequate market research as well as proper inspection to a property before determining its value.
We offer Valuation of various assets: Land, Buildings, Furniture and fittings, Plant and Machinery, Farms and plantations factories and industries among others.
At EFG Properties Limited, we offer Property Valuation services to our clients for various purposes namely:
- Sale/Purchase purposes.
- Rental assessment, determinations and disputes.
- Mortgage- Used for appraisal by banks, insurance companies and pension funds.
- Accounting/ Book keeping purposes
- Taxation purposes e.g. Rating and stamp duty.
- Determination of Reserve price, among others.
- Compulsory acquisition of land by the Government.