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Valuation
The real estate valuation is the service which is not too often used by people. Generally, the real estate valuation report is required for taking the loan upon the guarantee of the real estate from the bank. Also, the real estate valuation to be carried out by the impartial expert is also needed for several other activities. For example, the valuation of the fixed assets and real estate investments, valuation of non-monetary contribution, setting of fair purchase-sales price, valuation of different real estate portfolios.
1. Price list Price list for valuation services of 1Partner Kinnisvara starting from 1 August 2010 Apartments
Houses, parts of houses, terrace houses
Summer houses
Lands, lots
Prices include VAT
Outside of Tallinn a distance fee will be added to the valuation fee: Up to 20 km from Tallinn city centre up to 400 EEK/25 euros will be added.
20-30 km from Tallinn city centre up to 600 EEK/38 euros will be added.
Over 30 km from Tallinn city centre – price by agreement.
We suggest the clients definitely ask for the personal price offer. 2. Select a suitable service Valuation of residential properties
The valuation of residential areas can usually be carried out within 2-3 working days. However, you should not leave the valuation to the last minute when there is a precise deadline, as during the peak seasons the appraisers are often overloaded with orders. Equally, review of the property, discussion of the valuation results in the valuation council and drafting of the valuation report are time consuming. Therefore, it is recommended to agree on specific dates for the valuation with the appraiser early on. Valuation of commercial properties
In addition to the valuation of residential properties, we also perform valuations for all types of non-residential real estate properties, including production, storage and office buildings; commercial and rental properties; business land; superficies; lease contracts; business projects; etc. Alongside the valuation, this service often includes principal consultation and advice which requires time consuming preparation. That is why the date for fulfilling the order is not precisely defined, as it depends on how complicated the valuation is. Valuation within 24 hours
To fulfil our clients’ wishes we also accept urgent orders. In exceptional cases we also perform the valuation of mainly residential properties within 24 hours. We have set somewhat higher prices for valuations performed outside the regular waiting list. Oral valuation Clients often need an expert opinion given as an oral evaluation of the market value of the property rather than on paper, drafted in an official style. It is also useful when drafting the initial loan application in order to avoid confusion about the market value of the property.
3. Necessary documents Valuation of an apartment
Valuation of a house and or summer house
Land valuation Documents proving the right of ownership – an extract from the land register or a decision on entry in the land register;
Valuation of commercial properties Documents proving the right of ownership – an extract from the land register or decision on entry in the land register, the sales contract of the building, or a certificate from the building register;
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