Property valuation is the professional process of estimating the current market value of a property based on factors such as location, size, condition, and recent market trends.
You may need a valuation for purposes such as buying or selling, securing a mortgage, insurance, taxation, legal matters, financial reporting, or investment analysis.
Valuation fees are regulated and typically based on a percentage of the property’s market value or a fixed rate, depending on the type and purpose of the valuation.
Only licensed and registered valuers accredited by the Valuers Registration Board (VRB) and members of professional bodies like the Institution of Surveyors of Kenya (ISK) are authorized.
A standard valuation takes between 1 to 3 business days, depending on the type, size, and complexity of the property, as well as how quickly site access and documentation are provided.
Typically required documents include the title deed or lease, identification documents, approved building plans, land rates or rent clearance certificates, and any relevant agreements.
Yes. A physical inspection is essential to accurately assess the property’s features, condition, environment, and surroundings before preparing a formal valuation report.
Most reports are valid for 3 to 6 months, depending on market stability. Some institutions may require an updated valuation if significant time has passed.
Not always. Some institutions (like banks or courts) may require a valuation specific to their guidelines. Always confirm with the requesting party before reusing a report.
You can contact us directly through our website, phone, or email to schedule an inspection. We’ll guide you through the process and provide a quotation based on your needs.
