The value of your property, assessed by a professional

Jyväskylän AG-Kiinteistöt Oy provides you with professional real estate valuation services. Our office is located in the centre of Jyväskylä, from where we operate in the whole area of Finland. Contact us and tell us how we can help you!

The entrepreneur Kari Mustonen has over 30 years of extensive experience in real estate valuation. As one of the few people in Central Finland, Mustonen holds the title of AKA (authorized property valuer), which he successfully obtained in 2002. The examinations for the title are held once per year by the Chamber of Commerce. Prerequisites for the title are applicable education (e.g. construction engineer) and prior completion of various valuation trainings. There are fewer than 300 people in Finland with the title of AKA. The AKA system is monitored and maintained by the Finnish Chamber of Commerce.

In real estate valuation the property valuer gives a well-argued opinion of the value of a real estate, the right to own real estate, or the value of a housing co-operative or a real estate corporation. Finnish law does not primarily require the valuer to be authorized. Nevertheless, the Securities Market Act and the laws concerning property funds, property investment and the banking services of mortgage loans do mention situations where you must use an authorized valuer. If you want to make sure you are getting a high-quality valuation report, keep in mind the following:

• An authorized property valuer must obey the rules, directions and instructions of the Chamber of Commerce's Board of Property Valuation
• They follow generally accepted valuation principles and the International Valuation Standards (IVS)
• They educate themselves regularly
• Their operations are monitored

Valuations are widely used and relied upon in various markets, whether for inclusion in financial statements, for regulatory compliance, or to support secured lending and transactional activity. The International Valuation Standards (IVS) are standards for undertaking valuation assignments using generally recognised concepts and principles that promote transparency and consistency in valuation practice. The IVS also promote leading-practice approaches for the conduct and competency of professional valuers.

The valuation report is the end product of the property valuer's work. This document is presented to the principal of the valuation and other possible parties. The report must include all information required for a real understanding of the document. Usually the market value must be determined. To evaluate the reliability and comparability of the report, the description of the task, its meaning and usage must be stated. Moreover, all assumptions, special assumptions, fundamental uncertainties, and restrictive terms and circumstances that have a direct effect on the valuation must be stated. Please contact us and ask for more!