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BHVEC specialist assessment

Building Valuation

Inspection-led valuation of completed, under-construction and purpose-built properties.

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Overview

A clear opinion begins with correct identification.

BHVEC assesses the land and improvements as an integrated property interest, considering location, accommodation, construction, age, condition, permitted use and market demand.

Assets covered

  • Houses and apartment buildings
  • Offices, shops and commercial buildings
  • Factories, warehouses and institutional buildings
  • Hotels, hospitals and schools
  • Partially completed projects

Common purposes

  • Mortgage and secured lending
  • Acquisition and disposal
  • Insurance and financial reporting support
  • Court and family settlements
  • Project and investment decisions

How we assess

Evidence first. Judgement second. Conclusion last.

01

Inspection focus

  • Covered-area measurement and floor use
  • Construction type and specifications
  • Age, maintenance and apparent condition
  • Services, access and site improvements
  • Approved plans and physical configuration
02

Analysis

  • Market comparison
  • Depreciated replacement cost where appropriate
  • Income evidence for investment property
  • Land and building reconciliation
  • Highest and best use considerations
03

Information required

  • Ownership documents
  • Approved building plan
  • Completion or occupancy record
  • Area schedule and leases, if relevant
  • Construction cost information for incomplete work

The deliverable

Clear reporting for the decision at hand.

A reasoned property valuation supported by inspection findings, market evidence and an appropriate valuation approach.

The scope, basis of value, assumptions, evidence and reporting are aligned with the applicable purpose-specific requirements and recognised professional valuation principles.

Start an assignment

Tell us what needs to be valued.

Share the asset location, purpose and preferred inspection time. Our coordination team will guide you on the required information.