valuation 

probate 

When a loved one passes away, their solicitor will need a valuation of assets as at the date of death to allow them to administer the estate and before a certificate of probate can be issued. We can provide such a valuation on a property, carrying out an inspection of the property sensitively, at a time that suits you and we will provide a written valuation in a timely manner.

Blue Book – European Valuation Standards

“The Blue Book” Professionalism in Valuation Standards Today Tomorrow and into the Future. 

European Central Bank Favours “European Valuation Standards” Over All Other Standards

After years of topical discussion about valuation standards especially since the EU Mortgage Credit Directive came into force on 20 March 2014, this Directive was finally transposed into Irish Law by S.I. No 142 of 2016 on the 21 March 2016.

The Institute of Professional Auctioneers and Valuers (IPAV) established in 1971, is the only representative body solely catering for the professional and educational requirements of more than 1,400 Auctioneers and Valuers throughout Ireland. Following an in depth study of valuation standards, and taking into consideration IPAV’s firm endorsement of European partnership, the decision weighed heavily towards Europe. As a result, IPAV adopted and implemented the European Valuation Standards (EVS) as its valuation standard.

The EVS are largely referred to as the “Blue Book”; underpinned by European Valuation Standards, it was created and developed by The European Group of Valuers Associations (TEGOVA) to serve the needs of its valuers throughout Europe and recognised as International Valuation Standards. The Blue Book is now in its 9th edition to accommodate the new EVS 2020, effective from 1 January 2021. And now, in light of Brexit, IPAV’s adoption of the EVS provides IPAV valuers with a security and market lead throughout Europe and beyond.

Local Property Tax:  

The local property tax is charged on the market value of your home, it is important that the self-assessment of your home is accurate and a professional valuation could save you money.

Transfer of Property:  

This covers eventualities such as: Your parents/relative gifting you a site to help you on your way to build your own home, Your parents transferring the family home and/or land to you, Your parents/relative transferring a business and assets between family members, In all of these cases your solicitor will require a written valuation for revenue purposes.

HSE Fair Deal Scheme:  

The HSE require a valuation on the principle residence of a nursing home applicant. We can provide an open market property valuation to be submitted with the nursing home application. As this can be a sensitive time for all concerned, we carry out the valuation with minimum intrusion and provide a speedy turnaround.