Disclaimer
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Terms & Conditions - 4Val Instant Valuation
1. General Disclaimer
4Val is an automated property valuation tool designed to provide an estimated market value for properties based on publicly available data and proprietary algorithms. The results generated by 4Val are for informational purposes only and should not be relied upon for financial, investment, or legal decisions.
2. Not a Certified Valuation
The valuation provided by 4Val is not a certified bank valuation and does not constitute a professional appraisal. It is not recognised by financial institutions, lenders, or legal entities as an official property valuation.
3. Data Sources & Lag in Market Trends
4Val estimates are primarily based on sold price data, including information from the Property Price Register Ireland (PPR). However, the PPR is typically at least six months out of date, meaning that the data used for valuations does not reflect the most recent property transactions or current market conditions. As a result, valuations may not fully capture real-time price changes, sudden market shifts, or more recent property sales.
4. Limitations of Accuracy
The estimates produced by 4Val are based on algorithmic calculations, historical data, and market trends. These valuations do not account for specific property conditions, unique features, recent renovations, or other factors that may significantly impact the actual market value of a property. The time lag in sold price data may further affect valuation accuracy, particularly in rapidly changing markets.
5. Possibility of Errors
While we strive to provide accurate and up-to-date information, errors may occur due to incomplete or outdated data, incorrect assumptions, or limitations within our valuation model. 4Val does not guarantee the accuracy, completeness, or reliability of the estimated values provided.
6. No Liability
4Property and its affiliates are not liable for any decisions, losses, or damages arising from reliance on 4Val valuation results. Users are encouraged to seek professional advice, such as from licensed valuers, estate agents, or financial advisors, before making any financial, investment, or property-related decisions.
7. Changes & Updates
4Val valuation model is continuously evolving, and estimates may change over time as new data becomes available. We reserve the right to update or modify our algorithms without prior notice.
8. Acceptance of Terms
By using 4Val, you acknowledge and accept that the valuation provided is an approximate estimate and not a definitive market value. You agree not to use 4Val results as the sole basis for any financial or investment decisions.
If you require an official property valuation, please consult a qualified valuer or property professional.
An estate agent might contact you with more details regarding your property valuation.
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This online valuation provides an estimated value for informational purposes only. Results may vary significantly from actual market value and should not be used for legal, financial, or insurance purposes. For an accurate valuation, a professional in-person appraisal is required. We are not liable for any decisions or actions taken based on this estimate.
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Moneysherpa Referrals and Commissions
When you engage with our services, you may be referred to third-party service & product providers, including Moneysherpa, for financial services, such as mortgage advice. Please be aware that we may earn a commission on these referrals. This commission helps support our business and allows us to maintain the quality of our services.
Please note, the services we provide to you will in no way be influenced by whether or not you choose to engage with a third-party service provider. Furthermore, we want to clarify that we will have no knowledge of which clients have availed of the third-party services. You are under no obligation to use the services of Moneysherpa or any other recommended service provider. You have the freedom to choose the service provider you prefer.
If you have any questions or concerns regarding our commission arrangement or referral process, please do not hesitate to contact us. Your satisfaction is of utmost importance to us. By using our website and services, you acknowledge and agree to these referral and commission arrangements.
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Rear access, high ceilings. Terraced House
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Our instant property valuation tool works for all properties in Antrim, Armagh, Carlow, Cavan, Clare, Cork, Derry, Donegal, Down, Dublin, Fermanagh, Galway, Kerry, Kildare, Kilkenny, Laois, Leitrim, Limerick, Longford, Louth, Mayo, Meath, Monaghan, Offaly, Roscommon, Sligo, Tipperary, Tyrone, Waterford, Westmeath, Wexford, Wicklow.
Table of Contents
How much does a valuation cost in Ireland ?
The cost of a residential property valuation typically depends on the purpose and the method of valuation. In Dublin, a verbal or desktop valuations may not cost you anything if you are thinking of selling. If you are seeking a written valuation, it ranges from €150 if you are getting a bank valuation and up to €500. It is all depending on the property size, location, and the valuation firm’s expertise. However, free verbal valuations are often available from estate agents if you are considering selling or renting your property. These are informal and provide an estimate of your property’s market value.
Reasons for an Instant Property Valuation
- Selling a Property: To determine the market value and set a competitive asking price.
- Renting a Property: To establish an appropriate rental value in line with market trends.
- Securing a Mortgage or Refinance: Lenders require a valuation to ensure the property supports the loan amount.
- Fair Deal Valuation
- Where you require a certified valuation to apply for the fair deal health care scheme
- Legal or Taxation Purposes:
- For probate (inheritance tax calculation).
- For separation or divorce settlements.
- For calculating capital gains tax.
- Insurance: To determine the rebuild cost for insurance purposes. [not the value of the land/site]
- Buying a Property: To ensure the purchase price aligns with market value.
- Equity Release: To assess the property value for equity release.
If you’re planning to sell or rent your property, a valuation from an estate agent can provide valuable insights without incurring upfront costs. For more formal purposes, a written valuation by a certified professional is generally required.
How do I find out how much my house is worth in Ireland?
1. Determine the Type of Valuation You Need
- Review the portals and the Property Price Registry: All of these sources will provide you with information about how much properties similar to your property are worth. Then you will need to adjust for fixtures and fitting and the condition of your property and features that add or detract from the market value.
- Free Verbal Valuation: Ideal if you’re considering selling or renting. This gives you a market estimate from an estate agent.
- Professional Written Valuation: Required for legal, financial, or tax-related purposes. This involves a certified valuer providing a detailed report.
2. Choose a Valuation Provider
- Estate Agents: Offer free verbal valuations for sales or rental purposes. Many provide this service online or in-person.
- Chartered Valuers or Surveyors: Necessary for formal valuations, such as for probate, divorce settlements, or mortgage applications.
3. Prepare Your Property
- Ensure your property is clean, organized, and presentable to give the best impression.
- Gather relevant documents, such as title deeds, planning permissions, or recent renovations, which might influence the valuation.
4. Book the Valuation
- Contact an Estate Agent: Many offer online booking forms or phone inquiries. If you’re considering selling or renting, mention your interest for a free verbal valuation.
- Hire a Professional Valuer: Look for certified surveyors through organizations like the Society of Chartered Surveyors Ireland (SCSI). They will charge a fee and provide a detailed report.
5. During the Valuation
- For verbal valuations, the estate agent will visit your property, assess its condition, size, location, and features, and provide an estimate.
- For formal valuations, a surveyor will conduct a more detailed inspection, often including market data comparisons and a written report.
6. Review the Valuation
- Use the information to decide your next steps, whether it’s selling, renting, or addressing specific legal or financial needs.
If you’re thinking of selling or renting, reach out to an estate agent for a free verbal valuation to get started. This option provides a quick and cost-free way to gauge your property’s market potential.