Bank-Approved Professional Property Valuation

“We have 30+ years in the industry, can turn valuations around quickly, and are cost effective. But most importantly, we have integrity. Our clients appreciate that.”  Gordon Edginton, Registered Valuer

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When choosing a property valuer you need someone who knows what they are doing, is reliable and available when you need them. Our property valuers use the latest market information and their own database of over 400,000 completed property valuations to create accurate and dependable property valuation reports, often in less time than the usual 5 working day turnaround.

We are specialists in commercial, residential, and other unique property valuations such as subdivisions, vineyards, healthcare facilities and more. Prendos property valuers are trusted by all major banks and lenders. You can rely on us to provide a quality property valuation service at a competitive rate.

As expert Registered Valuers who perform many different types of property valuations, we need a little information about your property to be able to tell you how much a property valuation will cost.

How we can help

Residential property valuations

Homeowners and residential property investors looking to purchase property use us to obtain mortgage or re-finance funding, or determine property values for insurance purposes.

Insurance valuations

Prendos insurance certificates provide you with a realistic estimate of the total reinstatement costs of re-building a new asset and replacing or reinstating other property improvements following a loss. We also provide an estimate of inflation costs through the insurance period as well as an estimate of demolition and site clearance costs, and an indemnity value, which is typically defined as the depreciated market value of the asset. The Total Sum agreed between the property owner and insurance company will provide for:

• Re-building the main property with an equivalent new property.
• Replacing/re-building other site improvements such as drives, fencing, patios, decks, garaging, pools etc.
• Other costs such as professional fees, compliance costs, building consents and any possible demolition, debris removal and site clearance.

To ensure rates used for cost calculations are accurate and up-to-date, our property valuation team draws on general market data as well as information provided by our in-house property valuation database and other qualified professionals such as quantity surveyors. To accurately determine full replacement values, a valuation team member needs to inspect, measure and fully review individual properties.

Because re-build costs vary from home to home, cost estimates are best provided by a registered valuer or quantity surveyor. In the Auckland and Waikato regions insurance valuations are usually carried out by the Prendos valuation team. In all other regions, or by special request, they are carried out by Prendos’ quantity surveyors.

Commercial property valuations

Our property valuers can assist commercial property owners, occupiers, investors and developers with:

• Pre-purchase and pre-sale commercial property valuations
• Commercial property insurance valuations
• Asset and chattel valuations
• Market rental information
• Rent reviews
• New lease and lease renewal negotiations
• Yields advice
• Loan approvals and refinancing valuations
• Redevelopment feasibility assessments
• Asset revaluations
• Arbitration and rental dispute
• Compensation valuations
• Ownership options assessments and advice
• Lettable area assessments
• Depreciation assessments
• Chattels and fit out for tax purposes
• Advisory and due diligence
• Specialised asset and going concern valuations
• Leasehold and lessees interest assessments
• Expert evidence in court
• Financial reporting
• Financial restructuring and asset recovery
• Subdivision advice and valuations