Property Valuations info
How To Value Rental Property for Your Property Portfolio
Adding property to your investment portfolio is a great way to diversify and create a buffer against possible losses caused by a downturn in the economy. With real estate properties, you have an advantage over [...]
How Does The Alien And Invasive Species Legislation Affect The Value Of Your Property?
Those of us who are interested in buying and selling residential property are likely aware of the Alien and Invasive Species Regulations which were implemented in October 2014. The regulations were put in place to [...]
The Role of the Balance Sheet in Business Valuation
When valuing a business, various economic factors are taken into account in order to arrive at a far market value. These could include applicable taxes and government policies, among others. Valuers use predetermined formulae to [...]
Valuing A Going Concern
In business valuation terms, the going concern value is the value of a business that is expected to continue generating a positive cash flow for at least the next 12 months. There is a general [...]
Here’s Why You Need Your Business Valued
Many people feel they only need something valued if they’re getting ready to sell it. But the truth is, it’s useful to know how much your assets are worth for many other reasons too. If [...]
The Value Of Maintaining A Fixed Asset Register
Too many businesses overlook the importance of a fixed asset register, and leave the numbers up to the accountant for compliance purposes. However, a current and accurate fixed asset register is a vital tool for [...]
The Importance of Regularly Valuing Your Sectional Title Property
Sectional Title refers to the type of land ownership whereby various people each own a flat or townhouse (known as a section) within a complex. All the section owners, in turn, own the common property [...]
How To Value Development Land for Affordable Housing
Development land is any piece of land that is available for the development, or redevelopment, of new offices, houses or factories. A professional valuation of development land is often required for the purposes of obtaining [...]
How To Object To The Municipal Evaluation Of Your Property
In the last few years, many municipalities around South Africa have changed the way in which they value residential and commercial properties in order to determine the rates they apply to these properties. Naturally, the [...]
Passing The Percolation Test
Many areas of South Africa are supplied with water borne sewage systems. But as urban areas become more and more built up, and many new developments have to be further out of main centers, the [...]
The Challenges Of Vacant Land Development – Part 2
We recently talked about the challenge of finding the right piece of vacant land for development, and discussed the zoning, topography, and the availability of municipal services. There are additional questions that you should be [...]
The Challenges Of Vacant Land Development – Part 1
Many investors shy away from involvement in developing vacant land because of the sheer number of issues that it brings with it. However, choosing the right piece of land to develop can be a lucrative [...]
Who Requires The Services Of A Chartered Surveyor?
Professional valuation companies and chartered surveyor services go hand in hand. The value of a business, a commercial or residential property, or plant assets are all part of a bigger puzzle where specialist services [...]
What are “International Financial Reporting Standards” and why do they matter?
At The Property Partnership, we assist clients with Internal Financial Reporting Standards (IFRS) requirements. These are the standards whereby land and building assets may need to be apportioned for depreciation purposes. What does that mean [...]
What is “fair value” when it comes to property valuations?
At The Property Partnership, we provide motivated valuations of property, plant and machinery. “Motivated” means we include supporting documentation to clarify our valuations, in order to empower you to justify these values to your shareholders, [...]
A Closer Look At Plant And Machinery Valuations
Financially speaking, when we talk about assets, we mean economic resources. In other words, anything your company has that is capable of being controlled or owned in order to produce positive economic values is deemed [...]
The Difference Between Valuation and Appraisal
In everyday language, the phrases “to value” and “to appraise” something are often used interchangeably, and are applied whenever we need to work out how much something is worth. In the property industry however, [...]
When is a rental determination needed?
A rental determination for industrial or commercial property is very seldom a straight-forward affair. And while many are sought during a dispute, this is not the only time they should be carried out. A rental [...]
How do fluctuating currency values affect your business value?
How often should you value your business assets? Opinions vary, but a wise business owner would consider a valuation on all property, plant equipment, and actual businesses every three years. However, South African business owners [...]
Understanding How Commercial Property Is Valued
Before any commercial real estate transaction takes place – whether it’s buying, selling or leasing - the value of the building in question has to first be appraised. Determining the value of a commercial property [...]
The Value In Choosing The Right Valuator
Recently released figures show that, in the first nine months of this year, the South African commercial and industrial property industry rose 9% - almost double what equities achieved in the same period. This is [...]
Preparing to buy at a property auction
In a previous article we discussed the value of selling properties at auction, and the various benefits to a seller. However, auctions are a popular tool for buyers – especially for those interested in buying [...]
What is the auction process when buying a property?
We’ve recently discussed buying a property at auction, and the necessary work that goes into preparing for the day of the auction. Buying property at auction is not simple or easy, and you do need [...]
Why Mining Valuations Is Different From Other Valuations
Due to the inherently unique characteristics of mining as an industry, it is more challenging than other businesses to valuate. Even the most profitable mines are finite businesses – meaning they will stop operating when [...]
How Your Property Valuation Affects Your Building Insurance
Obtaining an accurate valuation of a property is important for a number of reasons, including; obtaining finance, as an analysis for investment, for taxation purposes, and for building insurance. There are two key ways in which [...]