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Valuation of property

We value for various purposes all types of properties: Residential Properties, Commercial Properties-Shops, Factories, Warehouses, Hotels, Restaurants and Licensed premises, Plant, Machinery, and Equipment.


At Odudu & Co, we offer professional Property Valuation services to provide accurate and reliable assessments of the market value of real estate properties. Our team of qualified valuers combines industry expertise with comprehensive research and analysis to determine fair and objective property valuations. Whether you require valuations for sales, acquisitions, financing, insurance, or legal purposes, our valuation services are designed to meet your specific needs and requirements.

Here's an in-depth look at our Property Valuation services:

1. Market Value Assessments:
We conduct thorough market value assessments to determine the fair market value of a property. Our valuers consider various factors such as location, size, condition, amenities, market trends, and comparable sales data to arrive at an accurate valuation. We follow internationally recognized valuation methodologies and standards to ensure transparency and credibility in our valuation process.

2. Sales and Acquisitions:
If you are planning to buy or sell a property, our valuation services provide you with an objective assessment of its worth. For sellers, our valuations help you set a realistic listing price that attracts potential buyers while maximizing your returns. For buyers, our valuations ensure that you make informed decisions and negotiate fair purchase prices. We analyze market conditions, comparable sales, and property attributes to determine the property's value in the current market.

3. Financing and Mortgage Purposes:
When seeking financing or mortgages for real estate transactions, lenders often require an independent valuation of the property. Our valuation services fulfill these requirements, providing lenders with an accurate assessment of the property's value to facilitate loan approvals. We provide detailed reports that highlight the property's market value, its suitability as collateral, and any factors that may impact its value.

4. Insurance Coverage:
For insurance purposes, it is crucial to have an up-to-date valuation of your property to ensure adequate coverage. Our valuers assess the replacement cost of the property, considering factors such as construction costs, depreciation, and current market conditions. We provide accurate valuation reports that help you determine the appropriate insurance coverage for your property, protecting your investment in the event of loss or damage.

5. Legal and Dispute Resolution:
Property valuations often play a crucial role in legal matters, such as estate settlements, property divisions, tax assessments, and litigation. Our valuers provide expert opinions and valuation reports that comply with legal and regulatory requirements. We offer objective and independent assessments of property values, assisting in resolving disputes and providing support for legal proceedings.

6. Portfolio Valuations:
For property owners with multiple properties, portfolio valuations are essential for monitoring the overall value of their real estate holdings. Our valuation services extend to portfolio valuations, where we assess the value of your entire real estate portfolio. We analyze individual property valuations, market trends, and portfolio performance to provide you with a comprehensive assessment of your property portfolio's value.

Why Choose Odudu & Co for Property Valuation:
- Qualified and Experienced Valuers: Our team consists of qualified valuers with extensive experience in property valuation, ensuring accurate and reliable assessments.
- Market Knowledge: We stay up-to-date with local market trends, regulations, and factors that influence property values, providing you with informed valuations.
- Compliance and Standards: Our valuations adhere to internationally recognized valuation standards and comply with relevant regulations and guidelines.
- Comprehensive Reporting: We provide detailed valuation reports that outline our methodology, assumptions, and market data, ensuring transparency and clarity.
- Objective and Independent: As an independent firm, we provide unbiased and objective valuations, ensuring the integrity and credibility of our services.
- Customized Solutions: We tailor our valuation services to meet your specific needs, whether you require a single property valuation or a comprehensive portfolio assessment.

We have in recent past handled the following jobs:

 

a.         Valuation of Properties/Assets belonging to National Clearing & Forwarding Agency located in different locations in Nigeria.

 

b.         Valuation of Properties/Assets belonging to Elsewedy Electric Nigeria Limited located at Badagry, Lagos.

 

c.         Valuation of Property/Assets belonging Apple & Pears Limited located at Sagemu Abeokuta Expressway, Ogun State.

 

d.         Valuation of Property/Assets belonging to Sumal Foods Limited located at Ibadan, Oyo State.

 

e.         Valuation of Properties belonging to Fenice Metal Industries Limited located at Sagemu, Ogun State and Amuwo Odofin, Lagos.

 

f.          Valuation of biological Assets of Okitipupa Oil Palm Plc.

 

g.         Valuation of Properties and Assets of Presco Plc..

 

h.         Valuation of Properties/Assets/Farms of Siat Nigeria Ltd located at Port Harcourt Rivers State.

 

i.          Valuation of Properties/Assets of EniAfe Farms Ltd at Sagamu Road, Ofada Ogun State.

j.          Valuation of Properties/Assets of Inner Galaxy Ship Scrapping Company Limited,

 

k.         Valuation of Properties/Assets of Dedora Nigeria Limited located at Ilogbo Village, Ado-Ado, Ogun State.

 

l.          Valuation of properties/Assets of NOVUM Afric Industries Limited, located at Farm “II”, Pada Dev. Area, Nasarawa State.

 

m.        Valuation of Property of Lubcon Petroleum Ltd located at Sagamu Ogun State.

 

n.         Valuation of Assets located at Grand Petroleum FZE, Calabar Free Trade Zone, Calabar, Cross Rivers State for Enegas Power Limited.

 

o.         Valuation of Assets of Zone 4 Energy Limited.

 

p.         Valuation of Assets of NESTOIL Plc.

 

q.         Valuation of Assets of Hongxing Steel Company Limited.

 

r.          Valuation of United Nigeria Textile Plc including Plant and machinery.

 

s.         Valuation of Assets of Idmon Engineering and Construction Company Limited. 

 

t.          Valuation of Assets of Inner Galaxy Steel Company Limited. 

 

u.         Valuation of Assets of (Liquidated) Sky Power Aviation Handling Company Limited.

 

v.         Valuation of Plant and Equipment: Assets of Skyway Aviation Company Limited in Abuja and Lagos. A member of Sifax  Group (SACHOL)

 

w.        Valuation of Properties of Deeper Christian Life Ministry at the International Bible Training Centre (IBTC) Ayobo, Lagos.

 

x.         Valuation of Assets of Lubcon Limited: Factory Complex including Plants, Machinery and Equipments at Pilgrims Camp Road Road, Adewale Industrial Layout, Ilorin.

 

y.         Valuation of Tank Farm & Assets of Lubcon Limited along Inland Water Road, Marina, Calabar, Cross River State.

 

z          Valuation of Crude Oil Vessel (Ship Trinity Spirit) belonging to Shebah Exploration & Production Company Limited, (SEPCOL) located at Ukpokiti Field.

 

Valuation of The Redeemed Christian Church of God (RCCG) Zonal Buildings in Lagos. Province 14.

 

ab.      Niger Delta Development Commission: Compensation assessment handled on  behalf of NDDC for road construction purpose.

 

ac.       Valuation of the fixed and floating assets of Bendel Soap Factory at Ogorode, Sapele, Bendel State.  This included the valuation of all physical structures, plant, equipment and furniture.

 

ad.      Valuation of Ijagbo Brewery Factory Complex - assets of Kwara Breweries Limited.  (Building, Plants, Machinery, Equipment and Floating assets).

 

ae.      Valuation of Anadariya Farms, Anadariya Village, Tundun Wada Local Government Area, Kano State, for Dantata Holdings Limited.

 

af.        Iviari and Agenebode Farms valued for Niger Valley Agro Industries Limited.

 

ag.      Valuation of PantiTunkun Housing Estate, Bacita for Nigerian Sugar Company Ltd., Bacita.

                                        

ah.      Fixed assets of Lake Chad Research Institute, Maiduguri (Land, Buildings, Plants and Machinery).

 

ai.        Valuation of fixed and floating assets of the Nigerian Sugar Company Ltd., Bacita

 

aj.        Zobe Dam Irrigation Project.  We undertook demographic survey of the villages affected by the project, and also carried out the valuation of physical structures of affected communities.

 

ak.       Valuation of the fixed assets of the Nigerian Airways Ltd., worldwide.  We valued assets in West Africa, Europe and other locations.

 

al.        Valuation of fixed assets of Leventis Group of Companies at Sokoto, Maiduguri, Kano, Kaduna, Jos, Bauchi, Zaria, etc.

 

am.     Valuation of fixed assets of Nigerian Paper Mills Ltd., Jebba.  

 

an        Valuation of fixed assets of United Bank for Africa Ltd., in five branches in Edo, Delta and Kwara States.

 

ao.      Valuation of fixed and floating assets of the Federal Radio Corporation of Nigeria (Eastern Zone).

 

ap.      Valuation of fixed and floating assets of the Borno Radio and Television Corporation, Maiduguri, Borno State.



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