Resource overview
This resource outlines the key quality checks to review before approving or relying on a real estate valuation report for financial or investment decisions. The checklist covers valuation purpose, inspection date and value date, basis of value, data sources, inspection reliability, market comparable, methodology suitability, assumptions and special assumptions, and professional valuer independence.
The quality of a real estate valuation report is not only about presentation. It depends on the clarity of the scope of work, the reliability of the data, the suitability of the valuation methodology, and the governance of the professional opinion behind the value conclusion.
This checklist helps you review the essential elements before approving or relying on a valuation report for financing, investment, accounting, or strategic decisions. It starts with confirming the valuation purpose and intended user, the inspection date and value date, and whether the basis of value is aligned with the purpose and limitations of the report.
The checklist also helps you review data sources, match ownership and technical documents, verify field inspection documentation, and assess the reliability of market comparables based on location, transaction date, price level, and relevance to the subject property.
It also covers the suitability of the valuation methodology, such as sales comparison, income, or cost approach, the clarity of assumptions and limiting conditions, and the independence of the valuer from any conflicts of interest or bias that may affect the neutrality of the professional opinion.
Use this checklist before approving a real estate valuation report, especially when the report is connected to financing, investment, financial reporting, disputes, exit decisions, or buy-and-sell decisions.
Download the checklist and review your valuation report with confidence before approval.