IRISH PROPERTY VALUATIONS

The normal basis for a valuation is known as the "open market value". This is an assessment of the price at which the property being valued would have expected to sell in the open market at the valuation date assuming the following:

The seller was willing to sell.
A reasonable period was allowed for proper marketing of the property including agreement on price and terms for completion of the sale. Obviously this varies from transaction to transaction.
Market conditions at the time of the valuation. Allowances are not normally made in respect of any interested perspective purchaser which is a sitting tenant or adjoining owner.
The valuation basis must be appropriate to the purpose for which the valuation is required, for e.g., a depreciated replacement cost would not be appropriate for a bank valuation
Vendor's Valuation

If you are thinking of selling your home we would provide you with a free market opinion to what we think your home might realise. With this valuation we will include an outline of the costs of selling and the methods we would propose to adopt to achieve a sale of the property.