About Valuer Kariuki & Company
1. Who is Valuer Kariuki & Company?
Valuer Kariuki & Company (VK) is a Kenyan property valuation and real estate advisory firm established in 2019. We provide professional property valuation and related consultancy services to individuals, businesses, investors, NGO’S, SACCOS, Banks and Insurance companies.
2. What services does Valuer Kariuki & Company offer?
Our services include property valuation, estate agency, sustainability consulting, property market research and feasibility studies. We help clients understand property values, assess investment opportunities and make informed real estate decisions.
3. Where does Valuer Kariuki & Company provide property valuation services?
VK focuses on the Kenyan property market, with experience and knowledge of local property conditions. Contact us for a quote today.
4. Why should I use a professional property valuer in Kenya?
A professional property valuer provides an independent, evidence-based opinion of value for a specific purpose. This can help you make informed decisions when buying, selling, investing in, financing or managing property.
Property Valuation in Kenya
5. What is property valuation?
Property valuation is the process of estimating the value of land or buildings at a specified date for a defined purpose. A professional valuation considers factors such as location, property condition, permitted use, market evidence and the characteristics of the property.
6. How much does property valuation cost in Kenya?
The cost of property valuation depends on the property type, location, size, complexity, purpose of the valuation and the investigations required. Contact VK with details of your property and intended use of the report to request a quotation.
7. How long does a property valuation take in Kenya?
The timeframe depends on the property, the availability of relevant documents, access for inspection and the complexity of the assignment. We can provide an estimated completion time once we understand your requirements. For straight forward valuations, we can take under 5 working days to deliver the report.
8. What documents are required for property valuation in Kenya?
In most cases, we only need you to provide a copy of the title deed, and then we source the map and conduct searches from the relevant Government offices. At times, we might require building plans, tenancy agreements and information about existing developments. Additional documents may be required for specialised assignments.
9. Does a property valuer need to inspect the property?
A physical inspection is commonly required to assess the property’s condition, layout, location, access and other relevant characteristics. The extent of inspection and any limitations depend on the purpose and agreed scope of the valuation.
10. What factors affect property value in Kenya?
Property value can be influenced by location, accessibility, land size, permitted use, title and tenure considerations, infrastructure, neighbourhood demand, property condition, rental income and comparable market transactions. The relative importance of each factor depends on the property and the purpose of the valuation.
11. Is market value the same as the asking price?
No. An asking price is the amount a seller hopes to receive. Market value is a professional opinion of value based on an appropriate valuation basis and relevant evidence at a specified date. The asking price, final selling price and market value may differ.
12. What is the difference between land valuation and building valuation?
Land valuation focuses on the land and its relevant characteristics, including location, size, tenure and permitted use. Building valuation considers the improvements on the land, including their condition, construction, utility and other relevant factors. Depending on the instruction, a valuation may assess the land and buildings together or separately.
Valuation for Banks, Legal Matters and Property Transactions
13. Can VK value property for bank financing in Kenya?
Yes. We are currently serving customers from: Equity Bank Kenya Ltd, Stima Sacco, Defence Sacco, Premier bank etc. Contact VK to discuss the assignment and confirm that the valuation can meet the lender’s requirements, including any requirements concerning the appointed valuer.
14. Can I obtain a property valuation for inheritance or succession purposes?
A property valuation may be required for estate administration, succession proceedings or related legal and financial matters. The appropriate valuation date, scope and report format will depend on the purpose and the instructions received.
15. Can a property valuation be used in court proceedings?
A valuation may be required for litigation, disputes or other legal proceedings. Our senior Partners, Valuer Kariuki Waweru and Valuer Gloria Awinja are expert witnesses in many court cases in Kenya and are happy to serve you. Contact us for a quote
16. Can VK value property for tax or statutory purposes?
Yes. Property valuations may be required for certain tax, statutory or regulatory purposes. The appropriate valuation basis and requirements depend on the specific purpose and applicable Kenyan law. Tell us what the valuation is intended for so we can establish the appropriate scope of work.
Property Investment and Real Estate Advisory
17. Can VK help me assess a property investment in Kenya?
Yes, VK offers real estate advisory services, including feasibility studies and market research. Depending on the instruction, these services can help assess market conditions, potential demand, development considerations, costs and investment risks.
18. Does VK provide property market research in Kenya?
VK offers property market research to help clients understand relevant market conditions and trends. The scope can be tailored to the property sector, location, target market and investment or development decision being considered.
19. Can VK help me determine whether a property development is financially viable?
A feasibility study can assess whether a proposed development appears commercially viable based on its intended use, market demand, development costs, potential revenue and other relevant assumptions. The scope and level of analysis depend on the project and the information available.
20. How can I request a property valuation from VK?
Contact Valuer Kariuki & Company with your name, contact details, property location, property type and the purpose of the valuation. We will review your requirements, clarify the scope of work and advise on the next steps and applicable fees.
Still have a question? Contact VK to discuss your property valuation or real estate advisory requirements in Kenya.
