Market Value Assessments

Lee Property ensure your market assessment is an independent, evidence-based valuation and delivered on time. This is the difference between an Appraisal and a Valuation.

The Australian Property Institute defines a Market Value Assessment as the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.