SMSF Valuations
SMSF is an abbreviation for Self-Managed Super Fund; a retirement saving method. This fund type is separated from others because members are also trustees. This means that members are responsible for complying with tax laws and financial regulations.
An SMSF valuation is a professional service provided by an API-registered valuer adept at preparing accurate and reliable valuation reports. The report is a thorough assessment of the property assets within the fund, offering insight into the existing market value.
A valuation report is a legally-accepted document and serves as official proof of value in various circumstances.
When are SMSF valuations needed?
Part of the responsibilities of an SMSF member is to provide the market valuation of all properties and assets within the fund. There are legal obligations to accurately report on assets.
An SMSF valuation is needed for:
- Annual financial statements
- Investment diversification
- Limited recourse borrowing arrangements
- Pension phase reporting
- SMSF wind-up or member withdrawal
Only Certified Practising Valuers (CPV) registered with the Australian Property Institute can prepare official SMSF valuation reports.
Why choose us?
At West Coast Valuers, we’ve dedicated ourselves to providing a consistently exceptional standard of service for clients in need. Our accredited valuers have decades of experience; each is registered with the Australian Property Institute and committed to principles of honesty, integrity, and transparency.
Our SMSF valuation services are one of many; we’ve helped thousands of clients in Western Australia find the market value of a home. If you would like to learn more about our valuation services, don’t hesitate to give us a call today.