Unimproved Property Land Valuation

Posted on 25 January, 2022 by Micheal Alexander

Due to the nature of the methodology employed for mass valuations it is common for valuations to be significantly out of line with the market. Unimproved Value is the basis of land valuations for Rating and Taxing Purposes. Council’s request mass valuations within their Local Government Area from time to time (usually at least once every three years). Unimproved Property Land Valuation

If you believe that your property’s unimproved land value is too high please contact us. Our valuers know Sydney very well and have a thorough understanding of the causes for fluctuations between similar properties. While we don’t guarantee to provide a valuation lower than the Valuer General our report may reduce your tax liability. If not, it will provide peace of mind.

Smsf Property Valuation

Self-Managed Super Funds (SMSFs) are required to maintain accurate, current market values for all assets held by the fund. We can value all forms of property and plant and equipment owned by SMSF’s.

The ATO can penalise owners of SMSF’s for having inaccurate market values recorded. It is essential that valuations for superannuation purposes always be prepared by suitably qualified independent property valuers.

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