What Does a Property Valuer Do?

A property valuer is a qualified real estate professional who determines the accurate market value of land, buildings, and other property assets for a wide range of purposes. Property valuation is a critical function in the real estate sector, influencing decisions related to buying, selling, financing, taxation, insurance, investment, and legal matters.

In Kenya’s dynamic property market—particularly in areas such as Nairobi, Westlands, Runda, Kilimani, Karen, Muthaiga, and emerging satellite towns—professional property valuers play a vital role in ensuring transparency, fairness, and informed decision-making.

---

Core Responsibilities of a Property Valuer

Property Inspection and Assessment

A property valuer physically inspects the property to understand its characteristics, condition, size, layout, location, access, and surrounding developments. This includes evaluating:

• Land size and tenure

• Building quality and age

• Structural condition

• Finishes and improvements

• Neighborhood profile and infrastructure

This on-site assessment forms the foundation of an accurate valuation.

---

Market Research and Analysis

Property valuers conduct detailed market research to analyze current real estate trends. This involves:

• Reviewing recent comparable sales

• Studying rental yields and demand patterns

• Assessing economic and zoning factors

• Understanding location-specific price movements

For example, valuation trends in Westlands or Upper Hill differ significantly from those in Ruai or Kitengela, and a professional valuer accounts for these differences.

---

Applying Valuation Methods

A property valuer applies internationally recognized valuation approaches depending on the property type and purpose. These include:

• Market Comparison Method – Commonly used for residential properties

• Income Capitalization Method – Used for rental and investment properties

• Cost Approach – Suitable for specialized or newly developed properties

• Residual Method – Applied to development land and redevelopment projects

The choice of method ensures the valuation reflects true market value.

---

Preparing Professional Valuation Reports

A key role of a property valuer is producing a formal valuation report. These reports are relied upon by:

• Banks and financial institutions

• Courts of law

• Investors and developers

• Government agencies

• Property owners and buyers

A valuation report typically includes property details, methodology used, market analysis, photographs, assumptions, limitations, and a final opinion of value.

---

Advising Clients on Property Decisions

Beyond numbers, property valuers provide professional advisory services, helping clients understand:

• Whether a property is overpriced or undervalued

• Investment risks and opportunities

• Market timing for selling or buying

• Highest and best use of land

• Development feasibility

This advisory role is especially important for investors and corporate clients.

---

Why Property Valuation Is Important

Accurate property valuation helps prevent disputes, financial losses, and legal complications. It is essential for:

• Buying or selling property

• Mortgage and loan approvals

• Property taxation and rating

• Insurance coverage

• Estate planning and succession

• Divorce and legal settlements

• Compulsory acquisition and compensation

---

Types of Properties Valued by Property Valuers

Property valuers handle a wide range of assets, including:

• Residential houses and apartments

• Commercial buildings and office blocks

• Retail and shopping centres

• Industrial properties and warehouses

• Hotels and hospitality properties

• Land and development sites

• Special purpose properties

---

When Should You Hire a Property Valuer?

You should engage a professional property valuer when:

• Buying or selling real estate

• Applying for a mortgage or refinancing

• Planning property development

• Resolving legal or family disputes

• Preparing financial statements

• Assessing investment performance

---

Choosing a Qualified Property Valuer

When hiring a property valuer, ensure they are:

• Registered and licensed

• Experienced in the local market

• Independent and unbiased

• Knowledgeable in current valuation standards

• Able to provide clear, professional reports

---

Understanding what a property valuer does helps property owners, buyers, investors, and institutions make informed real estate decisions. In an evolving property market, professional valuation services provide credibility, confidence, and clarity—protecting both financial interests and legal compliance.

If you’re dealing with property in Nairobi, satellite towns, or across Kenya, engaging a qualified property valuer is a smart and necessary step.

Common Questions Clients Ask About Property Valuers

What does a property valuer do?

A property valuer provides an independent, professional opinion of a property’s market value based on inspection, market analysis, and recognized valuation methods.

---

Why should I hire a professional property valuer?

Hiring a professional property valuer ensures accuracy, credibility, and legal acceptance of the valuation, reducing financial and legal risks.

---

How is property value calculated?

Property value is calculated using comparable sales, income potential, replacement cost, location factors, and prevailing market conditions.

---

How much does a property valuation cost?

The cost depends on the property type, size, location, and purpose of valuation. Residential properties generally cost less than commercial or specialized assets.

---

How long does property valuation take?

Most valuations are completed within 2–5 working days, though complex or large properties may take longer.

---

Is a property valuation required for selling a house?

It is not always mandatory, but a valuation helps set a realistic asking price and improves chances of a successful sale.

---

Do banks require valuation reports?

Yes. Banks and financial institutions require valuation reports from licensed property valuers before approving loans or mortgages.

---

What documents are required for property valuation?

Common documents include title deeds or leases, identification documents, approved plans (if available), and property ownership details.

---

Can a property valuer help me buy property safely?

Yes. A valuation confirms whether the purchase price aligns with current market value, protecting buyers from overpaying.

---

What is market value in property valuation?

Market value is the estimated price a property would sell for between a willing buyer and seller under normal market conditions.

---

What is forced sale value?

Forced sale value reflects the likely price of a property sold within a limited time frame, often lower than market value.

---

Can property valuers value land only?

Yes. Property valuers conduct land valuations for sale, development, financing, compensation, and investment analysis.

---

Do valuers inspect the property physically?

Yes. Physical inspection is a critical part of professional property valuation.

---

Does location affect property value?

Yes. Location is one of the most significant factors influencing property value, including accessibility, infrastructure, and neighborhood quality.

---

Can a property valuer determine rental value?

Yes. Valuers assess both capital value and rental value, especially for income-generating properties.

---

Is a valuation report legally valid?

Yes. Valuation reports prepared by registered valuers are recognized by courts, banks, and government institutions.

---

How often should property be revalued?

Property should be revalued when selling, refinancing, insuring, or when market conditions significantly change.

---

What is the difference between valuation and appraisal?

A valuation is a formal, professional assessment with legal standing, while an appraisal is often indicative.

---

Can valuers assess commercial properties?

Yes. Property valuers handle offices, retail spaces, warehouses, hotels, and mixed-use developments.

---

Do property valuers handle investment properties?

Yes. Valuers assist investors with market value, rental yields, risk analysis, and feasibility studies.

---

Can a property valuation help in court cases?

Yes. Valuation reports are commonly used in succession, divorce, compensation, and commercial disputes.

---

Do valuers consider future development potential?

Yes. Valuers assess zoning, planning regulations, and development potential when determining value.

---

Can property valuers do insurance valuations?

Yes. Insurance valuations determine replacement cost to ensure adequate property coverage.

---

Is property valuation the same in all areas?

No. Property values vary based on location, demand, infrastructure, and market activity.

---

Can valuers help with land rates and taxes?

Yes. Valuations are used for land rates, stamp duty, capital gains tax, and tax disputes.

---

What qualifications should a property valuer have?

A property valuer should be licensed, registered, and experienced in the relevant market sector.

---

Are online property value estimates accurate?

Online estimates provide general guidance but cannot replace a professional valuation.

---

Can a valuation be challenged?

Yes. A valuation can be reviewed or challenged if new evidence or market data is presented.

---

Is a valuation a guaranteed selling price?

No. A valuation reflects market conditions at a specific date and is not a guarantee of sale price.

---

Can property valuers value unfinished buildings?

Yes. Valuers assess incomplete developments based on stage of completion and projected value.

---

Do valuers consider property condition?

Yes. Structural condition, finishes, and maintenance significantly affect property value.

---

Can a property valuer help with estate planning?

Yes. Valuation reports are essential for succession planning and estate administration.

---

Do property valuers work with developers?

Yes. Valuers assist developers with feasibility studies, residual valuations, and project appraisals.

---

Can a property valuer assess highest and best use?

Yes. Valuers analyze whether a property is being used in the most profitable and legally permissible way.

---

Can valuers value special-purpose properties?

Yes. This includes schools, hospitals, churches, and industrial facilities.

---

Is property valuation confidential?

Yes. Professional valuers maintain strict confidentiality regarding client information.

---

Can I request an urgent valuation?

Yes. Many valuers offer expedited services, subject to availability and fees.

---

Do property valuers operate nationwide?

Many property valuers operate nationwide but may specialize in specific regions.

---

Can valuers advise on property investment decisions?

Yes. Valuers provide insights into market trends, risks, and returns.

---

What is the difference between a property valuer and a real estate agent?

A property valuer provides an independent opinion of value, while a real estate agent markets and sells property.

---

Can property valuers help with compulsory acquisition?

Yes. Valuers assess compensation value for government or public acquisitions.

---

When is the best time to get a property valuation?

Any time you plan to buy, sell, refinance, insure, develop, or resolve a property-related matter.

---

How do I find a property valuer near me?

You can search online for licensed property valuers near your location or consult professional directories.