We look at various factors, all scientifically selected and weighted. Common factors may include location, size, condition, comparable sales data, market trends, zoning regulations, and potential income generation for income-producing properties
Property valuation can only be undertaken by a valuer who is rightfully trained, registered, and licensed by Valuers Registration Board (VRB).
The duration a valuation process takes varies depending on factors such as the complexity of the property, availability of data, stakeholder involvement, acess, logistics, e.t.c. However, we strive to complete a typical valuation process within 5 business days. Short form valuations can be completed in a record 48hrs!
Our costing for property valuation is guided by the Valuers Act cap 532 which presents the Valuers Scale of Fees as follows:
1st Ksh. 400,000 at 1.0 per cent.
Next Ksh. 600,000 at 0.5 per cent.
Residue at 0.25 per cent.
1st Ksh. 600,000 at 1 per cent.
Next Ksh. 400,000 at 0.5 per cent.
Residue at 0.25 per cent.
1st Ksh. 400,000 at 1 per cent.
Residue at 0.5 per cent.
1st Ksh. 40,000 p.a. at 10 per cent.
Next Ksh. 60,000 p.a. at 5 per cent.
Residue p.a. at 2.5 per cent.
Up to Ksh. 2,000,000 at 1 per cent.
Next Ksh. 3,000,000 at 0.5 per cent.
Residue at 0.25 per cent.
Up to Ksh. 200,000 at 2 per cent.
Next Ksh. 300,000 at 1 per cent.
Residue at 0.5 per cent.
Minimum fees Ksh. 200,000 at 2 per cent.
Next Ksh. 300,000 at 1 per cent.
Residue at 0.5 per cent.
1st Ksh. 100,000 at 2 per cent.
Next Ksh. 200,000 at 1 per cent.
Residue at 0.5 per cent.
These shall be based on the costs incurred in carrying out valuation.
Ksh. 3,000/= per hour, where consultancy involves carrying out a valuation and compilation of a valuation report or advising on the value of the property.
A minimum of Ksh. 5,000/= per hour where such consultancy does not involve carrying out a valuation and compilation of a valuation report or advising on the value of the property.
Yes, a client has the right to contest the outcome of a valuation process if they are convinced that the valuation is not consistent with current market value, or if some crucial factors were not considered in arriving at the final value.
A typical valuation report will contain the following:
The content of the valuation report may vary depending on the uniqueness of each valuation.
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Mei ut errem legimus periculis, eos liber epicurei necessitatibus eu, facilisi postulant vel no. Ad mea commune disputando, cu vel choro exerci. Pri et oratio iisque atomorum, enim detracto mei ne, id eos soleat iudicabit. Ne reque reformidans mei, rebum delicata consequuntur an sit. Sea ad audire utamur. Ut mei ridens minimum intellegat, perpetua euripidis te qui, ad consul intellegebat comprehensam eum.