Valuation Report: Evaluating a Dwelling

Valuation Report
Undertaking the
Valuation of a Dwelling

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY:.................................................................................................................................1
Identification and description of house:.......................................................................................1
Identification of comparable sold properties:..............................................................................2
Detailed description of comparable properties:...........................................................................3
Evaluating the subject property:..................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Report of property valuation or valuation of dwelling is provided to the owner of property
for indicating condition of property as well as its worth or value in market. In helps buyers and
sellers of property in assessment of its value. With the help of valuation of dwelling, price of the
house can be estimated. It is a procedure of development of opinion regarding value and price of
property (Adams, Baum and MacGregor, 2017). This report is based on property valuation of a
house that is situated in Australia. It covers identification and description of a house. Further,
three comparable or recently sold properties are identified and described in a detailed manner.
Lastly, selected subject property is evaluated.
MAIN BODY:
Identification and description of house:
Basis Property details
Discussion of zoning of
property.
Address: 2704 / 161, Corner road, Loftus street, Sydney,
Australia.
Hence, property is based on corner road of Loftus street which
is located in Sydney city of Australia.
Physical characteristics This three storey house is beautifully furnished and is designed
with the motive of providing natural ventilation as well as
adequate natural light. It incorporates European appliances and
a titled kitchen splashback (Ambrey, Fleming and Manning,
2017). House consists throughout flooring of laminate which
enhances its beauty. Front fencing is included in it along with
a letter box. This property is north facing and incorporates
three bedrooms which are well furnished. It is located in heart
of Sydney and preserves privacy as well as boutique amenity.
It is designed for the purpose of making most with the
uninterrupted view of Harbour bridge. Overall, it consists
sense of comfort, beauty as well as privacy. Focus while
making this property was on quality designing and hence,
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materials or products are selected carefully with the intention
of enhancing its texture which resulted in a redefined as well
as casual elegance. Entertainer terrace of the house is
adequately designed which enables looking out at beauty of
city. Master bedroom incorporates expansive en-suite and
walk in robe. Along with it, property pertains a swimming
pool and garden which provides a sense of luxury to this
house. This perfect combination of quality as well as
excellence offers various diversity in experience.
Contemporary architecture of house is befitted with heritage
context stands (Chirisa, and Juru, eds., 2019). Along with it,
front upper balconies are situated in every floor and design of
residence is practical as well as functional for maximising the
usage of space. Garage of this house is panel lift with remote
controlled.
External factors  This property is located in such a area which is in walk
in distance from iconic Opera house of Sydney, custom
house, contemporary art museum as well as Royal
botanic garden.
 Even ferries, light rail, buses as well as buses are at
doorstep. It is situated in opposite of a park
Macquarine place (Edwards, 2018).
 Apart from it, cafes, bars, shopping centres and dining
are at footsteps which leads to enhancement of a
comfort level of a person that is living in a house.
 While been situated in most significant as well as
renowned cultural precinct, this property is short fall
from the circular quay which enables ferry to take to
Manly in just 20 minutes of time.
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