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Valuation

Fair and equitable property valuation supported by a sound legislative framework has the potential to deliver benefits to both local governments and land holders. Open and transparent valuation systems support the development of land markets and provide land owners and entrepreneurs with information on which to base investments. Valuations provide the basis for collecting local taxes and generating much needed revenue for building local infrastructure and improving local government services.

LEI have experience helping governments to establish fair and transparent valuation systems and standards. We are experienced in developing valuation guidelines and procedures and developing supporting legislation and policies.

Our expertise includes:

  • Developing valuation techniques and standards
  • Developing valuation policy and legislation
  • Establishing procedures for valuation (including mass appraisal)
  • Establishing procedures for compensation
  • Establishing procedures for data collection and maintenance
  • Developing processes for appeals
  • Building capacity in valuation and designing and delivering training courses