Frequently Asked Questions
Answers to the most common questions about the property valuation process, market analyses and consultations.
The answers below are general in nature. The scope of each valuation, analysis or consultation is agreed individually once I have reviewed the specific case.
Property valuation
The cost of a valuation depends on the type of property, its location, the purpose of the valuation, the availability of documents and the scope of work required. I set the price individually after reviewing the specific case. The value of the property itself does not affect the fee for preparing the valuation report.
The time needed to complete the valuation process depends on the complexity of the case, the availability of the required documentation and my current workload. For a typical property, a valuation report is usually prepared within 5 working days from the moment all necessary documents have been gathered. Once I receive basic information about the property, I provide an estimated completion date.
A property's value is influenced by many factors, including its location, designated use, legal status, area, technical and functional condition, the way it is used, the characteristics of its surroundings and the situation on the local property market. The significance of each factor depends on the type of property, the purpose of the valuation and the nature of the market being analysed.
Documents and formalities
The range of documents depends on the type of property and the purpose of the valuation. The most commonly required are: the land and mortgage register number, an extract from the land and building register, a copy of the cadastral map, planning documents and documentation relating to the building or unit. At the start of our cooperation, I indicate which documents will be needed in a given case.
A valuation report (operat szacunkowy) is a document that determines the value of a property, prepared by a certified property valuer in the form required by law. It includes, among other things, a description of the property, a market analysis, the valuation method applied and the justification of the determined value.
A valuation report may be used for 12 months from the date it was prepared, provided that no significant changes affecting the property's value have occurred. After that period, a certified property valuer may confirm that it remains current, if the market analysis and the condition of the property support this.
Analysis and consultations
A property valuation determines the value of a property for a specific purpose and as at a specific date. A property market analysis, on the other hand, focuses on examining market phenomena, such as price levels, price changes, transaction activity, or the relationships between property characteristics and their prices. A market analysis can be part of the valuation process or a standalone study supporting investment and business decisions.
Yes. A consultation can help assess whether the expected price is realistic, what potential the property has and what risks are involved in the planned transaction. I agree the scope of each consultation individually – depending on the purpose, the information available and the client's needs.
Yes. Depending on the scope of the assignment, I can communicate and prepare valuation reports and other studies in English.
Have a question that is not answered here?
If you would like to discuss a specific case, please contact me.
