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FAQ’s

LEAD Consulting Valuers team are specialists in property, plant and machinery valuation and consultancy services of real estate and GIS. We offer valuation services across a wide range of property types and to a diverse range of clients. With our deep experience and skill in GIS and Mapping, we embellish our valuation report with relevant maps and imagery of the subject property and its surrounding.

Estate Surveyor and Valuer is any person engaged in the profession of Estate Surveying and Valuation and registered with the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON).

 

All our valuers are qualified and certified by ESVARBON and are members of NIESV. They regularly undertake continuing professional development programs designed specifically for Surveyors and Valuers. This ensures that we are fully cognizant of the most recent trends and developments in real estate industry.

Our Valuers work on an average turnaround time of two weeks from receipt of instructions for a full valuation report. During this time, an appointment is made for the valuer to inspect the property, an external and internal inspection of the property is undertaken, the market is analyzed, comparable sales are considered and the report is completed. The physical inspection of the property takes around 30 minutes for an average sized residential dwelling.

A valuation by a Chartered and Practising Valuer is a legal document which can be challenged in a court of law and for this reason must be evidenced and be reproducible if called into question.

Valuers are bound by a code of ethical conduct which ensures objectivity and independence in the assessment of the value of a property. This code of conduct requires valuers to be independent and have no conflict of interest with a valuation they undertake.

A real estate agent’s assessment is only an estimation of price, it is not a professional valuation prepared by a formally qualified, experienced and independent property valuer.

A standard valuation report generally includes the following information:

The estimate of value at the relevant date

The purpose of the valuation

Title details for the property

Location, town planning and available services

Dimensions of land

Improvements

Comparable sales with photographs where appropriate

Valuation calculations

Repairs or renovations needed where appropriate

Any relevant environmental aspects

Maps, plans and photographs of the subject property.

Our cost of professional services for estate surveying and valuation is guided by scale of professional charges approved by Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON).

ESVARBON (Estate Surveyors and Valuers Registration Board of Nigeria) is a Federal Government agency saddled with the responsibilities to regulate the practice of profession of estate surveying and valuation in Nigeria, among others.

NIESV (Nigerian Institution of Estate Surveyors and Valuers) is a professional body of ESV promoting and protecting the interests of Estate Surveyors and Valuers in Nigeria.

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