What exactly are compensation valuations and why it is so very important? This is not an uncommon question that we often come across. We have been in the field of valuations for quite some years and have enough experience to understand that the answer to this question is not that simple to give.
We handle each day quite a number of compensation claims from all parts of Sydney and surrounding areas. It would therefore be interesting to know what exactly it is all about and why we have an important role to play.
Put in simple words, compensation valuations is all about compensating a person or an entity for properties that they state might have taken over. If there is a requirement of a private property for any development and infrastructure projects, the rules allow the state to take over such properties but only after the owner of the property are adequately compensated.
What exactly is adequate compensation? There are very clear guidelines laid down for this. Further the compensation hinges on the valuation of the property which is usually not done by the government authorities themselves. It is usually handed over to third party service providers and this is where we fit in.
We pride in the fact that we are government approved and government empanelled valuation-company for all matters related to compensation valuations. The reasons why we are such a reputed name in this particular field of valuation is because of the following reasons:
• We are one of the most experienced players in this industry as far as Sydney and surrounding areas are concerned.
• We have an excellent team of professionals who have been separately earmarked for handling all compensation related valuations.
• Our valuation procedure for such compensation claims are well structured and are often considered as a role model for others to follow.
To avail the above services at a very affordable price call us today on (02) 8599 9899. We have a reasonable fee structure and all our staff members are highly experienced.
Call today to book an appointment for property valuation you require!