Valuations & Appraisals

Expert Real Estate Valuation and Appraisal

The valuation and appraisal of real estate lie at the heart of the professional work of Smiths Gore.  The firm has many years of experience in valuation in the British Virgin Islands and throughout the Caribbean region. The firm's staff includes four Chartered Surveyors and registered RICS Valuers with over 25 years of experience in the British Virgin Islands and the Caribbean.

Diverse Clients and Purposes

Smiths Gore's clients include property owners, lenders, developers, investors and governments. The firm undertakes valuations of properties ranging from small residential properties to complex commercial resorts and marina developments. The firm's expertise encompasses hotels, marinas, resorts, islands, development sites, offices, retail and warehouses. The firm undertakes valuations for many purposes, including financing, mortgage, financial reporting, sale and purchase, asset evaluation, dispute resolution, compulsory acquisition, and litigation support.

Valuation Standards

Valuations prepared by Smiths Gore adhere to internationally adopted standards of valuation.

  • RICS Valuation – Global Standards (the "Red Book") published by the Royal Institution of Chartered Surveyors in the UK, incorporating the International Valuation Standards, published by the International Valuation Standards Council.
  • Uniform Standards of Professional Appraisal Practice ('USPAP') published by the Appraisal Foundation in the US.

Professional real estate valuation standards are constantly evolving. Application of the standards improves the credibility, consistency and reliability of valuations. Ethical conduct is a vital part of these standards, and importantly, valuers are required to render an independent and unbiased estimate of value. 

Follow Smiths Gore on Instagram