Valuations

Valuations

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Lugosi Auctioneers provides a confidential and professional valuation service to solicitors, executors and trustees, as well as private and corporate clients. Gina Lugosi is a Certified Practising Auctioneer/Valuer Member of the Auctioneers & Valuers Association of Australia.

Auction Valuations

We are always pleased to provide verbal valuations without charge, either at the saleroom or at your home. Alternatively, we can give an auction estimate of value from an emailed image or photograph subject to one of our specialists inspecting the item(s). This valuation is known as Fair Market Valuation in other words the price one can expect to receive in a well advertised and well attended public auction.

Formal Valuations

Lugosi Auctioneers undertake valuations for the purposes of Probate, Insurance and Family Division. The fee for formal written valuations is worked out as time spent with a minimum charge for such work at $160 plus GST, each hour thereafter will be charged at $80 per hour plus GST.

Probate

We offer a sympathetic and comprehensive service to the executor, personal representative or private individual from the initial inspection and valuation through to the clearance of the entire property (if required). It is not uncommon for a Valuer to attend and give a verbal appraisal at short notice, offering advice when required, as to the various options that may be available.

We are aware that often a property, whatever the size, needs to be cleared of its contents and the value be disbursed as quickly as possible with very few ‘upfront costs’ to the executors. To this end, all removal, storage (where applicable) and clearance costs can be deducted from the auction proceeds with detailed accounts of all monies provided with the vendors statement of proceeds.

House Clearances

We aim to provide a prompt and comprehensive service for the clearance of houses, and by using our staff, we can ensure confidentiality, integrity and reliability, as well as competitive rates. If you are unsure of the value of items destined for disposal it is worth organising a visit by one of our Valuers. We have rescued many items destined for skips and bins on behalf of the owners, some raising thousands of dollars!