My first prop valuation report

[Warren Bright]

Pretty excited as I have just bought my first property valuation report.

For me who is just starting out in property this is quite a big deal. I have been eyeing an apartment that I am hoping to put a low ball offer on, seeing as the current occupant has messed it up quite badly. He is a smoker, sub letter and the apartment is overall quite messy.

I was happy to see that you can purchase these valuation reports that looks at owners in the complex, recent sale prices, similar apartment pricing in the same area etc...

My question is: Do you purchase valuation reports when looking to acquire a property, or how do you go about your property valuation / comp process?

Interested to hear some replies.