Valuation for Mortgage Lending: What Banks Look For

Planning to use your property to secure a mortgage? You’ll need a valuation report. But what exactly do banks expect? At Space Ventures Limited, we work with major banks across Kenya to provide valuation reports that align with lending standards. Here’s what we focus on: Market Value vs. Forced Sale Value: Under pressured conditions, lenders often assess the lowest potential sale price. The...

Key Factors That Affect Property Valuation in Kenya

Ever wondered why two seemingly similar properties can have very different values? Valuation is more than square footage and location—it’s a detailed analysis based on multiple factors. At Space Ventures Limited, we consider a wide range of criteria, including: Location & Accessibility: Proximity to roads, schools, shopping centers, and business hubs can significantly affect value. A...

Understanding Property Valuation: Why It Matters More Than You Think

Whether you're buying, selling, insuring, or seeking financing for a property, one thing remains constant: the need for an accurate property valuation. Yet many people underestimate just how critical this process is. At Space Ventures Limited, we’ve seen firsthand how a professionally conducted valuation can make or break key decisions. Here's why it matters: Informed Financial Decisions: A...

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