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Valuation

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Find out more...Property Valuation in New Zealand

Get a property valuation from a registered valuer

LINZ does not do property valuations. Look for a registered valuer under "Valuers" in the Yellow Pages directory, the New Zealand Gazette: Special: List of Public Valuers, 28 July 2008, Issue No. 117 or contact your local authority for your current rating valuation.

Registered valuers must be certified by the Valuers Registration Board. If they are actively valuing for the public, they require an annual practising certificate.

Check property details before I buy

Prospective property buyers should get a valuation from an independent, registered valuer. Buyers can find out more about ownership in property titles and plans. Also check the Housing & Property resources listed on the New Zealand Government web portal.

Use a valuation for refinancing

Check whether your bank / lending institution accepts the current rating valuation for their purposes. You may have to use a registered valuer if a full or current market valuation is required. Look for a registered valuer under "Valuers" in the Yellow Pages directory or the New Zealand Gazette: Special: List of Public Valuers, 28 July 2008, Issue No. 117.

Complaints about a registered valuer’s work

If you are dissatisfied with the conduct of a registered valuer you can formally complain to the Valuers Registration Board.

When rating valuations occur

Local authorities carry out property valuations to help determine your annual property rates. Rating valuation notices and rates demands are issued by local authorities. Valuations occur at least every three years. Ask your local authority about their revaluation schedule.

Maintaining rating valuation standards

Local authorities may contract a valuation service provider (VSP) to make and maintain rating valuations within their district. Find out more about the role of the Valuer-General in ensuring that valuations meet national standards in the audit of rating valuations.