If yours is not below, ask a real valuer and a valuer picks it up.
A valuer's signed opinion of what a property was worth on a nominated day, with the comparable sales and the reasoning set out beneath it. What it values is the property and the ground it stands on together, which in Castle Hill is the part a shorter answer always misses.
An appraisal is a free selling estimate, usually given while an agent is chasing the listing, and nobody signs it. A valuation is independent of any sale, made as at a stated date, evidenced by settled sales, and signed by the valuer who prepared it.
In New South Wales, a valuer with the professional qualification and standing to have their opinion relied on. Their name and credentials appear on the report, which is exactly what allows a third party to act on it.
Yes. A valuer independent of your fund prepares and signs it, SISR 8.02B is the standard it is written to, and the comparable sales are attached rather than summarised, so an auditor can follow the figure back to its evidence.
The valuer who reached the opinion, named with their qualification. Not the model that gathered the evidence, and not anyone signing in their place..
No. It is unsigned, so there is nothing in it a reviewer can rely on and it will not answer a tax or reporting obligation. It is for deciding. On timing: signed desktop reports usually go the same day, and an Automated Market Assessment arrives next business day.
It holds as at its effective date rather than open-endedly. Where the organisation receiving it applies a currency period, that period is what governs, and your adviser can tell you which. Ordering close to when the figure is actually needed is generally simpler than ordering early and hoping.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments.
An advertised price is a marketing position, often a range set to attract interest. A valuation reports settled evidence. In Castle Hill the two part company most often over land, because a campaign will compare a property to its neighbours without accounting for how much ground each of them actually has.
A signed desktop report is usually ready the same business day. An inspected report depends on access and on the size of the property, and a large Castle Hill block takes longer to walk properly than a compact one. An Automated Market Assessment arrives the next business day.
No, and in Castle Hill the gap between them is often wide. A rates notice usually shows a land value: the ground alone, with nothing built on it, struck for rating at a date the council chose. A valuation assesses the whole property at the date you need, so the two are answering quite different questions.