A valuer determines the value of a commodity whether it be a property, a law case or an insurance matter; based on their knowledge and industry experience in a particular area.
This opinion is recognised by financial institutions and government departments such as the taxation department and courts of law.
Market Value is defined as the estimated amount for which an asset should exchange on the date of valuation between a willing buyer, in an arms length transaction, after proper marketing, wherein the parties had each acted knowledgably, prudently and without compulsion.
Staniforth Valuers offer the following valuation services: