代做127.242 – Valuation Assignment代做留学生Matlab编程

127.242 – Valuation Assignment (25%)

Due date: Friday October 19th, 2024 (Final day of semester)

This option is for urban students

Valuation of a townhouse

Instructions

You work at Palmy Valuers, 123 The Square, Palmerston North 4410, under the supervision of Mr. Alan Pope, Registered Valuer. You have received instructions on 13th  September 2024 from Janice Jones, XYZ Bank Limited, P.O. Box 123, Wellington 5016, on behalf of client Jane Smith, to carryout a market valuation for the above property for mortgage security purposes.

When you prepare your report pay regard to the Residential Standing Instructions Version 1.3. and general guidelines for report writing you can find under the IVS standards and the local standards on the Property Institute website. Assume, for the purposes of this assignment, that you are allowed to complete the valuation as a student valuer. You are required to submit:

•   The following matters in summary form.

a.   A  summary front  page of the valuation numbers including land, house, other improvements, chattels value, and the market (total) value rounded to the nearest $5000. Address the report to your client, include Palmy valuers address, briefly describe the property (2 – 3 sentences). Also make up a sentence that this valuation is based upon an agreed scope of work (We are not requesting you to undertake a scope of work) 5%

b.   Legal: Describe the record of title details e.g., title reference, flat number and DP etc, 4-5 sentences on the lease document, and a sentence or two on the cross-lease plan on the title document. Summarise the district plan zoning 30%.

c.    Describe the location, house and the land. Indicate the house area from the plan provided (that you will use in the valuation) 10%

d.   A  paragraph describing the key factors impacting the urban market, for houses and anything related to this type of property specifically. 10%

e.   Valuation evidence summary (5 house sales used in the analysis section below) 10%

f.    Valuation conclusion:  Refer to section 2.16 of the Residential Valuations Standing  Instructions  for  required  items,  do  not  include  all  the  % adjustments etc. here as these may prove confusing for the client. 5%

•   Appendix sales analysis and valuation.

Part A: Show 5 house sales that are relevant to the subject in a table, labelled Table 1.  Additionally in Table 1, use appropriate justifications for the adjustments to then indicate the value for the subject.

Part B: Net rate method: In atable labelled Table 2, refer to at least 3 land sales and show adjustments to indicate a land value for the subject. Do not use rating valuation land values. In Table 3 show a net rate analysis for the same selected 5 house sales.  Use the net  rate analysis to determine the value. You will need to explain why you have selected the value you have. This is where all the detailed adjustments are shown.

Appendix total is 30%. Note the following instructions:

i)           Do follow the marks breakdown indicated earlier, completing it bit by bit and you will soon have a completed assignment.

ii)          We had a tutorial that covered this assessment.

iii)         This assignment, the urban option, is for Urban students only, rural bankers and students undertaking a Bachelor of Agribusiness etc., should undertake the rural valuation assignment run by Cameron Walker, Registered Valuer.

iv)         The rural and urban assignments have both been estimated to take an average student between 15-25 hours to complete.

You will need to gather all other data necessary for the completion of this assignment e.g., zoning, market conditions etc.