Here are 10 important questions to ask a property valuer, especially relevant in Kenya when buying, selling, financing, or developing property:
- Are you registered with the Valuers Registration Board (VRB)?
This confirms the valuer is legally licensed to practice in Kenya. - How much experience do you have with properties in this area?
Local market knowledge (for example in Mombasa, Nairobi, or other counties) greatly affects valuation accuracy. - What is the purpose of this valuation?
Valuations differ for sale, mortgage, insurance, taxation, court cases, or development feasibility. - What valuation method will you use and why?
Common methods include the market comparison approach, income approach, and cost approach. - How long will the valuation process take?
This helps with planning, especially if the valuation is for a loan or legal transaction. - What documents do you require from me?
Typical documents include title deed, lease, mutation forms, approvals, and building plans. - What factors most influence the value of my property?
Location, zoning, accessibility, condition, tenure, and market demand all play key roles. - Will the valuation report be accepted by banks, courts, or government authorities?
Ensure the report meets professional and institutional standards. - How much do you charge, and are there any additional costs?
Fees in Kenya are usually guided by the Valuers Act and professional scales. - Can you explain the valuation results and assumptions clearly?
A good valuer should be transparent and able to justify the final figure.
If you’d like, I can also tailor these questions for land purchases, commercial property, mortgages, or court valuations.
For Consultations, Call Mr. Daniel Chege at 0708 181 665
