What you should know about valuationNot many people understand what valuers consider when determining market prices of property in real estate. From my personal experience, I have in the recent past engaged different valuation to value a house I wanted to buy but all of them came up with different values. For instance, such valuation reports would currently come in handy to individuals whose property has been acquired by the State for construction of the Standard Gauge Railway (SGR). Even as involving the professionals in real estate transactions are important, prospective buyers on property are perplexed when two different valuers give different market values. The argument for the different values could be that the variables that valuers consider during valuation keep changing.

Source: Standard Digital February 01, 2019 07:18 UTC