• A Valuation Engineer is responsible for inspecting and assessing the value of properties such as residential, commercial, industrial, and land assets. Typical job responsibilities include:
• Conduct site inspections and property measurements.
• Collect details about the property, including location, age, construction quality, and condition.
• Verify ownership documents, approvals, and legal records.
• Measure carpet area, built-up area, and plot area.
• Analyze market rates using comparable property sales.
• Estimate land value, building value, and depreciation.
• Prepare detailed valuation reports for banks, financial institutions, courts, insurance companies, or private clients.
• Take photographs and maintain proper inspection records.
• Ensure valuations comply with bank guidelines and relevant standards.
• Coordinate with clients, banks, and legal teams when additional information is required.
• Knowledge of civil engineering and construction.
• Understanding of property valuation methods and real estate markets.
• Ability to read drawings and property documents.
• Proficiency in Microsoft Excel and report writing.
• Strong analytical, communication, and attention-to-detail skills.