Valuer?

Hi guys,

I am considering purchasing a property (to live in, not an investment – the better half’s lifestyle choice!) but am concerned that it is overpriced.

The problem is there are a few complicating factors in assessing the valuation – harbour view and recent renovation on the positive side but potential roof problems (apartment building) on the negative side.

This would be my first property purchase so I am unsure about a couple of basic conventions.

For example, can I arrange for an independent valuer to inspect the property and give me his/her opinion? How would I get in contact with such a person in the Sydney area? Can anyone recommend a reputable valuer?Is this likely to effect my ability to negotiate with the vendor?

Alternatively, can anyone suggest (I know this is an impossible question but I am only after a very rough estimate at this stage) the rough cost or added value that a new kitchen (granite benchtops stainless steel appliances) and a new bathroom (clean but simple, not high quality finishing) would be?

I have obtained a large amount of statistics of recent sales and historical sales for the area (and indeed the particular property I am considering) but this is probably what has confused me most – especially considering that the asking price involves an extremely high capital gain for the property over the last 2 years which is inconsistent with the suburb as a whole.

Sorry if I have waffled a lot here, but I would appreciate all responses (to one question or all), in what is proving to be quite a stressful and time consuming experience for me.

Thanks a lot,
Lazo[]