- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 25 Nov 2020
What is a valuer?
A valuer is a professional who carries out inspections in order to help determine the current market value of property and/or land. The role of valuer can be undertaken by an estate agent or by an independent professional (often a qualified surveyor). Typically, they act on the instructions of a vendor (seller) or a lending institution who are considering funding the purchase.
Buyers may also appoint a valuer to conduct a property valuation if they are considering purchasing a property (known as a vendor survey), in addition to structural surveys that assess its physical condition. Local authorities can also use valuers to help establish council tax and rating levels. Valuers may also be appointed to undertake residual valuation of land, i.e. work out the value of land with development potential.
- The location.
- Measurements of the building and site boundaries.
- The number of rooms, layout and fit out.
- The general condition of the building.
- Any significant improvements that have been made.
- Any structural defects.
- Any landscaping.
- Any planning or other restrictions.
- Any potential risks or opportunities.
NB RICS property measurement, 2nd edition, published by the Royal Institution of Chartered Surveyors (RICS) in January 2018, defines a valuer as: ‘A Service Provider with an appropriate professional qualification in valuation or appraisal.’
 Related articles on Designing Buildings Wiki
Featured articles and news
Improving facilities, accessibility and overall appearance.
Free download of TG 12/2021 available.
TESP works with The Youth Group to form skill sharing network.
Big tech collaborates on platform for the built environment.
Letter signed by 21 organisations sent to MHCLG.
A look at the Government's strategic approach.
Steps to help reduce the spread of infection inside buildings.
This social media-centred hobby can be both dangerous and illegal.
Millwork wall treatment with a long and illustrious history.
HSE introduces cumulative exposure calculator.
The Edwardians and their houses.
Cut off from civilian life for over 900 years.
Gaining green support from the carbon giants.
Click the button to subscribe.