Insurance Valuations: The Danger of Under-Insurance
One of the most overlooked aspects of property management is the accuracy of insurance coverage. Many property owners insure their assets based on market value or the purchase price, which can be a fatal mistake. Insurance valuations should be based on the Reinstatement Cost—the cost to completely rebuild or replace…
Secured Lending: The Backbone of Financial Growth
The relationship between financial institutions and the property sector is symbiotic, and the bridge that connects them is professional valuation. Banks, SACCOs, and other financial institutions rely heavily on independent valuations to support secured lending and credit decisions. When a borrower offers a property as collateral, the lender needs absolute…
Beyond Brick and Mortar: The Value of Specialized Assets
When people think of valuation, they often picture land, residential homes, or commercial buildings. However, the modern economy relies heavily on specialized assets that require a unique set of skills to value accurately. These include specialized assets like aircraft, marine vessels, and automobiles, as well as complex industrial infrastructure. Valuing…
Property Due Diligence: Why It Is Non-Negotiable
Buying property in Kenya is a significant investment, but it is also a process fraught with risks if proper due diligence is not conducted. Many prospective buyers focus solely on the physical appearance of a property or its location, often overlooking the critical legal and structural details that define its…
The Critical Role of Professional Valuation in a Changing Market
Kenya’s property market is currently undergoing significant change, driven by shifting economic policies, infrastructure developments, and evolving urban planning regulations. In such a dynamic environment, relying on informal estimates or outdated market data can lead to costly financial missteps. For investors, developers, and financial institutions, the need for a valuation…
