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Property Valuer Job in Nairobi Kenya

Urgently Required

Job Title: Property Valuer

Reports to: Group Property Manager

Duty Station: The Mall, Westlands - Nairobi

Key Task: Appraise actual property to determine its value for the purpose requested by the Property Manager.

Duties and Responsibilities
  • Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Draw land diagrams that will be used in appraisal reports to support findings.
  • Estimate building replacement costs using building valuation manuals and professional cost estimators.
  • Evaluate land and neighborhoods’ where properties are situated, considering locations and trends or impending changes that could influence future values.
  • Examine the type and location of nearby services such as shopping centers, schools, parks, and other neighborhoods’ features in order to evaluate their impact on property values.
  • Inspect properties to evaluate construction, condition, special features, and functional design, and to take property measurements.
  • Obtain county land values and sales information about nearby properties in order to aid in establishment of property values.
  • Photograph interiors and exteriors of properties in order to assist in estimating property value, substantiate findings, and complete appraisal reports.
  • Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Search public records for transactions such as sales, leases, and assessments.
  • Verify legal descriptions of properties by comparing them to county records.
  • Check building codes and zoning bylaws in order to determine any effects on the properties being appraised.
  • Examine income records and operating costs of income properties.
  • Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, in order to obtain pertinent information.
  • Keep a record of all valuations carried out and provide information as may be required by the Directors, management or outside parties such as lawyer or courts.

Job specification of Property Valuer
  • Degree in Land Economics
  • Full Membership in ISK (Institute of Surveyors, Kenya)
  • 3 years experience in valuation
  • Ability to get relevant information from identified sources
  • Documenting/Recording Information
  • Making Decisions and Solving Problems
  • Analyzing Data or Information
  • Processing Information
  • Certified Property Valuer

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