NZ Registered Valuer Exam case studies
NZ Registered Valuer Exam · Put your knowledge to work in context.
Registration as a valuer in New Zealand is administered through the New Zealand Institute of Valuers (NZIV) and the Valuers Registration Board, which set the standards a person must meet before being recognised as a registered valuer. Candidates typically come from valuation degrees or closely related property qualifications and are moving from graduate or assistant roles into independent practice. The NZ Registered Valuer Exam case studies are 5 cases and about 4,098 words.
1Monolithic-clad townhouse: mortgage valuation with moisture indicators
You are instructed by a bank to provide a market valuation for mortgage security of a 1997 two-storey, three-bedroom townhouse in Auckland. The unit has 140 m² floor area, a single garage and a cross-lease title.
836 words, about 4 min2Seismic-prone Wellington office: 'as is' versus 'as if strengthened'
You are valuing a 1980s six-level office building in central Wellington for mortgage security. Net lettable area is 4,200 m².
836 words, about 4 min3Rating objection: land value, capital value and a neighbouring sale
A 2024 rating revaluation has increased the capital value of a Christchurch industrial property from 1.70m to 2.35m. The property has a 1,800 m² site and a 900 m² warehouse built in 2005; the new rating values show land value 1.10m and value of improvements 1.25m.
837 words, about 4 min4Constrained dairy farm: nitrogen cap, wetland and a conditional lifestyle lot
You are valuing a 180 ha dairy farm in Waikato for a family trust. Effective area is 180 ha: 140 ha milking platform and 40 ha runoff.
816 words, about 4 min5Retrospective expert valuation: a client's draft and a post-date sale
You are instructed as an expert witness in a High Court proceeding concerning the 2019 sale of a commercial building. The valuation date is 30 June 2019, but you are instructed in March 2025.
773 words, about 4 min