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Valuation Fees in Kenya: (How Valuers Charge for Services)
Property valuation is an essential step in buying, selling, financing, insuring, or managing real estate in Kenya.
Understanding how valuation fees are charged helps property owners and investors make informed decisions and avoid hidden costs.
What is Valuation Fees?
Valuation fees is professional charges paid to a registered and licensed valuer for assessing the market worth of a property or asset.
Valuation fees in Kenya are governed by the Valuers Act (Cap 532) and the Valuers (Forms and Fees) Rules, which prescribe the official scale of fees depending on the type and value of the asset.
Official Scale of Valuation Fees in Kenya
Below is the approved fee schedule as per the Valuers Act and standard professional practice:
| Type of Valuation | Scale of Fees |
|---|---|
| Urban, Agricultural, or Rating Valuations | 1.0% on the first KSh 5,000,000 and 0.25% on the remainder |
| Compulsory Acquisition Valuations | 2.0% on the first KSh 5,000,000 and 0.5% on the remainder |
| Rental Valuations | 10% on the first KSh 800,000 annual rent and 5% on the remainder |
| Plant & Machinery / Motor Vehicle Valuations | 1.5% on the first KSh 10,000,000 and 0.5% on the remainder |
| Furniture, Fittings & Equipment / Trading Stock / Going Concern | 5% on the first KSh 2,000,000 and 2.5% on the remainder |
| Minimum Charge | KSh 25,000 per valuation assignment |
How Valuation Fees is Calculated
The valuer determines the fee based on the value of the property and the purpose of valuation.
For example:
If your property is valued at KSh 10 million for a mortgage, the valuation fee will be approximately:
1% of the first KSh 5,000,000 (KSh 50,000) + 0.25% of the remaining KSh 5,000,000 (KSh 12,500) = KSh 62,500 + VAT.
Disbursements such as travel, inspection, and document search costs may be charged separately.
Types of Valuation Covered
Registered valuers in Kenya provide services for:
Land and Building Valuations
Plant and Machinery Valuations
Motor Vehicle Valuations
Furniture, Equipment, and Stock Valuations
Insurance, Mortgage, and Financial Reporting Valuations
Compulsory Acquisition and Compensation Valuations among others
Factors That Influence Valuation Fees
Type and size of the asset – Larger and more complex properties attract higher fees.
Purpose of valuation – Mortgage, insurance, acquisition, or accounting purposes have varying requirements.
Location and accessibility – Remote or multi-site assets may incur extra travel or logistical costs.
- Disbursements – Travel, surveys, and title search expenses are billed separately.
Why Knowing the Fee Structure Matters
Understanding the valuation fee structure helps:
Prevent overcharging by unregistered persons/quacks.
Promote transparency and professionalism in the real estate industry.
Ensure you work with a registered valuer recognized by the Valuers Registration Board (VRB).
Support accurate decision-making in property sales, mortgages, and investments.
Key Takeaways
Valuation fees in Kenya are standardized and regulated by law.
Always confirm that your valuer is registered and licensed.
Ask for a written quotation before the valuation begins.
The minimum valuation fee is KSh 25,000 (plus VAT).
For high-value assets, the percentage rate decreases as value increases.
Professional Valuation Services in Kenya
At Avenue Valuers Limited, we provide professional valuation and consultancy services across Kenya. Our team offers accurate, independent, and compliant valuations for land, buildings, plant & machinery, motor vehicles, and various specialized assets.
Our valuers are fully registered with the Valuers Registration Board (VRB) and are members of the Institution of Surveyors of Kenya and operate under the Valuers Act (Cap 532) and International Valuation Standards (IVS).
Avenue Valuers Limited
We take pride in being among the top Valuation and Real Estate Consultancy Firms in Kenya
Phone: +254 725993605
Website: www.avenuevaluers.co.ke
Email: info@avenuevaluers.co.ke
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