What are costs for content valuations?
The cost of valuations is dependant upon many factors including travel, the degree of research required and the size of the property. Most valuers charge on an hourly basis rather than a percentage of value. As a ‘rule of thumb’ the fee will normally be the time the valuer spends out of the office, plus an equal amount of time to conduct the research and prepare the report. Whilst the valuation report can be used for such purposes as estate planning and family division, its principal use is to assist in the event of an insurance claim. Those who have suffered a loss and need to establish proof of existence will attest to the value of the information.
