“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, Director + Registered Valuer
Bank-Approved Professional Property Valuers
When looking for a valuer you want someone who knows what they are doing, is reliable and available when you need them. Our valuers use the latest market information and their own database of over 250,000 completed valuations to create accurate and dependable reports, often in less time than the usual 5 working day turnaround.
Specialising in commercial, residential, and other unique valuations such as subdivisions, vineyards, healthcare facilities etc, Prendos’ valuers are used by all major banks and lenders. You can trust them to provide a quality service at a competitive rate.
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How we can help
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.
Prendos insurance certificates provide clients with a realistic estimate of the total reinstatement costs of re-building a new asset and replacing or reinstating other property improvements. We also provide an estimate of inflation costs through the insurance period as well as an estimate of demolition / 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 valuation team draws on general market data as well as information provided by an in-house valuation database and other Prendos 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, Bay of Plenty, Wellington and Christchurch 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 and building surveyors.
Commercial Property Valuations
- Pre-Purchase and Pre-Sale Valuations
- 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 Valuations and Going Concerns
- Leasehold and Lessees Interest Assessments
- Expert Evidence in Court
- Financial Reporting
- Financial Restructuring and Asset Recovery
- Subdivision Advice and Valuations