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Property Valuations

Wallace Real Estate Valuations provide an accurate, unbiased property value reports in Limerick & Galway.

Are you buying or selling a property? At Wallace Real Estate, we specialise exclusively in professional property valuations— our valuers possess third level property related degrees along with valuation specific qualifications, so you can trust us to provide a truly independent and objective valuation of your property.

Our qualified property valuers will carry out a thorough inspection of the property and deliver a detailed written valuation report with an accurate market value. Whether you’re preparing to sell, buy, refinance, or need a valuation for legal or tax purposes, we’re here to help.

Probate Valuations

Probate Property Valuations – Sensitive and Accurate Valuation Services

When a loved one passes away, it’s often necessary to obtain a probate property valuation to help administer their estate. At Wallace Real Estate, our team of fully qualified property valuers provide accurate, timely valuations with the utmost sensitivity and professionalism.

We conduct a respectful inspection of the property at a time that suits you. Our written valuation report will include the name of the deceased and the date of death, as required by solicitors for probate and estate administration.

With extensive experience in probate valuations, we offer this service at our standard valuation fee, ensuring transparency and affordability during a difficult time.

Family law and Dispute Valuations

Expert Property Valuations for Family Law and Court Proceedings

At Wallace Real Estate, we are recognised for our expertise in litigation support and have served as professional witnesses in family law court cases and other dispute hearing types. We provide independent property valuations for a wide range of family law matters, including divorce settlements, separations, and property transfers or gifts within families amongst other matters.

Our team of qualified valuers deliver fair, accurate, and timely valuation reports that meet legal standards and can be used in court or by your solicitor. With extensive experience in family law valuations, we ensure every report is handled with professionalism and discretion.

HSE Fair Deal Valuations

Fair Deal Scheme Property Valuations – Fast, Sensitive, and Professional

If you’re applying for the Nursing Home Support Scheme (Fair Deal Scheme), a professional property valuation is required as part of your application. At Wallace Real Estate, we specialise in providing accurate and independent property valuations with minimal disruption.

With over 20 years of experience, we understand the importance of handling these situations with care—especially when elderly homeowners are still living in the property. Our qualified valuers are trained to carry out inspections quickly, respectfully, and with minimal intrusion, often completing the valuation within 24 hours.

We’re committed to delivering a sensitive and timely service that meets all the requirements of the Fair Deal Scheme.

Property Tax Valuations

Local Property Tax (LPT) Valuations – Accurate, Expert Support for Homeowners

A property tax valuation is a self-assessed estimate of your property’s current market value, used to calculate your Local Property Tax (LPT). This valuation is required by the Revenue Commissioners and applies to all residential properties in Limerick & Galway.

At Wallace Real Estate, we specialise in providing accurate LPT valuations, especially for homeowners who believe they may be in the wrong valuation band. With extensive experience in property tax assessments, we can help ensure your property is correctly valued—potentially saving you money and avoiding issues with Revenue.

Historical Valuations

Historic Property Valuations – Expert Back-Dated Valuation Services

At Wallace Real Estate, our experienced team provides independent, one-off property valuations for specialised and historic purposes. Whether you need a retrospective property valuation for legal, tax, or probate reasons, we can help.

We regularly assist solicitors and estate administrators by providing accurate back-dated property valuations, sometimes going back as far as 100 years. For example, you may require a property valuation from 1980 to support a probate application or resolve a legal matter.

With decades of experience and deep knowledge of historical property values across Limerick & Galway, we deliver reliable reports tailored to your specific needs.

Portfolio Valuations

Property Portfolio Valuations – Expert Valuation Services for Residential and Commercial Assets

A portfolio valuation is the process of determining the total market value of a group of properties at a specific point in time. This is essential for investors, developers, and financial institutions managing residential, commercial, or mixed-use property portfolios.

Types of Portfolio Valuation

Property Portfolio Valuation

This involves valuing multiple properties—either individually or collectively—to assess the overall worth of a real estate portfolio. Common use cases include:

Investment decision-making

Financial reporting

Tax planning

Estate and succession planning

Loan security and refinancing

Valuation methods include:

Comparative Method: Based on recent sales of similar properties.

Income Approach: Focused on rental income and operating costs.

Cost Approach: Calculates rebuild cost minus depreciation.

Financial Portfolio Valuation

This includes a mix of assets which will include property. Each property is assigned a fair market value, helping investors:

Track property performance

Rebalance asset allocations

Make informed decisions to buy, sell, rent, or hold.

Why Property Portfolio Valuation Matters?

Performance Measurement: Evaluate how your property investments are performing.

Risk Management: Identify overexposure to specific property types or markets.

Strategic Planning: Support acquisitions, sales, and portfolio rebalancing.

Regulatory Compliance: Ensure accurate reporting for audits, tax filings, and legal requirements.

Wallace Real Estate Portfolio Valuation Services

At Wallace Real Estate, our team of qualified valuers provides independent advice on everything from one-off property valuations to comprehensive property portfolio assessments. Whether you’re an individual investor or a financial institution, we offer expert guidance tailored to your needs.

Rental Valuations

Rental Valuations – Accurate Market Rent Assessments for Landlords, Tenants & Financial Institutions.

A rental valuation is a professional assessment of a property’s current market rental value. It helps landlords, tenants, and financial institutions determine how much rent a property can reasonably achieve based on key market factors.

What’s Included in a Rental Valuation?

Our expert rental valuations consider:

Location of the property

Size, layout, and condition

Age of the property

Amenities (e.g., parking, garden, appliances)

Local rental market trends

Comparable rental properties in the area

Why Rental Valuations Matter

Set the Right Rent: Avoid overpricing or undervaluing your property.

Legal Compliance: Especially important in Rent Pressure Zones (RPZs) where rent increases are capped.

Loan & Investment Purposes: Banks often require certified rental valuations for mortgages or refinancing.

Tax & Financial Planning: Ensure accurate income reporting and forecasting.

Who Needs a Rental Valuation?

Landlords: To set or review rental rates

Tenants: To confirm fair market rent

Solicitors: For legal, probate, or estate planning

Banks & Lenders: For loan assessments and income verification

Certified Rental Valuation Services

At Wallace Real Estate, we provide certified rental valuations that offer a clear and reliable indication of your property’s rental income potential. Whether you’re managing a single property or a portfolio, our reports are precise, professional, and tailored to your needs.

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