The valuation process
Agree the intended use and users, the asset or interest, the basis and premise of value, the valuation date and the assumptions before any work starts. The Scope of Work Builder drafts the scope from your answers.
Choose the basis that fits the purpose (market value, market rent, investment value, equitable value, synergistic value or liquidation value) and the premise, such as highest and best use or orderly liquidation.
Approaches & Methods
Calculators
Weigh the market, income and cost approaches against the asset and the evidence, choose the methods, and plan how the indications will be reconciled. The Approach and method selector suggests where to put weight.
Build the inputs with twenty-three calculators grouped by approach, carry results between them with the project panel, and export the input register for your working papers (IVS 104).
Decisions stay with the valuer
The guides and tools apply IVS rules to your answers and point to the paragraphs behind them. They support, but do not replace, the valuer's judgement and the official texts of the standards.
