Registered Property Valuers
Ph: 0211 901 981
About George Anderson & Co
Providing property valuation expertise, and local knowledge.
George Anderson & Co was established in 1916 and is one of the oldest and most recognised real estate valuation companies in Christchurch. Suffice to say we have accumulated almost a century's worth of industry knowledge which we are proud to offer and for you to benefit from as so many of our longstanding clients have over the years.
We provide Valuations & Consultancy services to a wide range of real estate and financial service providers.
Mark Taylor - Director
B Com(VPM), ANZIV, SPINZ, Registered Property Valuer
Mark joined George Anderson & Co in 2009 after a number years with a national valuation company. He specialises in the valuation of residential, rural/lifestyle and industrial properties around Christchurch and the greater Canterbury area.
Mark is keen on the outdoors, with special interests in golf (Member of both Weedons & Fairlie Golf Clubs), is keen on fishing, hunting, mountain biking, jet boating, and is an avid sports follower.
Our Valuation Services
Professional home, commercial or residential property valuation services.
Market value assessments for:
- Mortgage & refinancing
- Matrimonial property settlements
- Selling or purchasing
- Deceased estates
- Family trusts
- EQC related issues
- Investors and developers
Together with assessments for:
- Sum insured replacement values
- Residential & lifestyle properties
- industrial and some commercial
- Rental reviews
- GST apportionments
- Compensation
- Depreciation
Are You Underinsured?
Since the Canterbury earthquakes, Christchurch has seen hundreds of drawn-out discussions between insurance companies and home-owners, over how much the owners will be paid to replace their homes.
In many cases, the situation is tragic – more than one-third of all homes are believed to be under-insured by as much as 20% to 50%!
Insurance companies put the onus on home-owners to establish the amount their property would be covered for – known as “the sum insured”, which is “the cheque you will receive”, should your home be completely destroyed tomorrow – for example, by fire or earthquake.
Where home-owners have been under-insured, they are left with the choice of either “down-sizing”, or building a home of a lesser quality.
To work out the cost to rebuild, some home-owners have used insurance companies online calculators. This puts a huge responsibility onto the home-owner, and often the result is not what the property will actually cost to rebuild.
So are you sufficiently covered – and have essential factors been taken into account, such as:
- an accurate basic build cost?
- demolition cost?
- professional fees?
- decks?
- paths?
- patios?
- retaining walls?
- driveways?
- fencing?
- in-ground swimming/spa pool?
On-line calculators are helpful, but unless the correct “industry build rate” per square metre is used for assessing the correct “sum insured” for your property, you may be significantly under insured!
We have clients who asked us carry out insurance valuations of their properties, and in some cases, they found themselves to be hundreds of thousands of dollars short of a realistic rebuild cost for their existing home.
An insurance valuation is usually a one-off cost (provided the home has not be altered), and the insurance companies will adjust subsequent premiums based upon their in-house market and inflationary consideration.
If you would like assistance with your home insurance valuation, please call or email us
Contact Us
Feel free to get in touch to duscuss your property valuation requirements.