Expertise immobilière

A field
work

Property Appraisal

 

OUR TRAINING

 

Our valuers in property appraisal have been trained at the Institut de l’Expertise, the ESSEC Business School of Paris and the ESI (Ecole Supérieure de l’Immobilier of the FNAIM) in Paris la Défense.

 

All our valuers comply in their property appraisal missions with the Property Valuation Appraisal Charter (5th edition – October 2017) and with the 2016 European Valuation Standards published by TEGoVA (the Blue Book, 8th edition).

 

Each valuation report is signed by our valuer in charge of the mission, subject to the approval of the Professional Third-Party Liability of COFARIS EVALUTATION.

Our mission in propery appraisal

 

Our property valuations are the result of field work and allow you to assess a complete report:

  • Study of the physical and technical factors
  • Study of the legal and tax factors
  • Study of the socio-economic factors
  • Valuation methods depending on the mission (direct comparison, capitalisation, DCF,…)
  • Analysis of the situation and property market
  • Analysis of the elements of added value and depreciated value
  • Analysis of the market references
  • Viewing of the property with photographs
  • Determination of the market or rental value of the property
  • Determination of the forced sale value (in case of auction sale)
  • Determination of the mortgage value (risk optimisation in the granting stage)
  • Determination of the LTV ratio (Loan To Value: essential ratio between the market value and the mortgage value)

Property appraisal always intervenes
for the sake of objectivity!

souci d’objectivité

Property appraisal is made under different circumstances: granting of loans, financing, amicably, disputed… always done objectively !

Contact us
bien résidentiel d'habitation

Property Appraisal :
Residential housing properties

This is the area which concerns us the most. In fact, it represents residential property which we need to accommodate us.

 

What criteria are used by our valuer?

 

For apartments, we distinguish the areas (occupied areas including outbuildings) and communal areas (entrance hall, stairs, lift, letter boxes, roof, frontages, windows, collective heating, water column,…).

 

The quality of an apartment is assessed by its own specific qualities such as: commodities, the address, the environment, the exposure, the architectural quality of the building, its level of amenities, its peace and quiet, the services, its condition, its composition, its thermal insulation and soundproofing and the rationalisation of its surface area. Additional areas will be extensively assessed: cellar, attic, car park, balcony or terrace…

 

This property will also be placed in its local market in relation to current demand and available properties. We will also analyse the operating expenses of this property (heating, hot water, joint ownership fees).

 

For a house, it is most often freehold, more rarely in joint ownership, under horizontal designation or voluntary settlement.

 

For the housing elements, the qualities will be assessed as an apartment, with any outbuildings. For the land portion, a very specific analysis will be made for its accreditation quality (garden, plants, swimming pool,…) and its potential building capacity.

 

Lastly, a very specific study will be made on any easements which may exist on these properties having more or less an impact on the value of the appraised property.