How A Strata Valuer Is Different From A Regular Valuer

A Strata Valuer is a professional who is specially trained and accredited to value properties that are part of a Strata Valuer scheme. In contrast, a regular valuer is typically someone who is accredited to value all types of property.

Strata schemes can be complex, and a Strata Valuer must have a thorough understanding of the legislation that governs them. They must also be familiar with the specific features of Strata Valuer properties, such as common areas and shared facilities.

Strata Valuer are often required to value properties for insurance purposes. This is because the value of a Strata Valuer property can be significantly different to the value of a regular property, and insurers need to be aware of this in order to correctly assess the risk.

A Strata Valuer will also typically have a better understanding of the market value of strata properties. This is because they are more familiar with the unique features of these properties, and they have access to data that regular valuers may not have.

If you are thinking of buying a property that is part of a strata scheme, it is a good idea to use the services of a Strata Valuer. They will be able to provide you with an accurate assessment of the property’s value, and they will also be able to advise you on any potential risks that you should be aware of.