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Mirfin Valuation Services (Pty) Ltd

Business Consulting
Pretoria, Gauteng

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Company Details

Year Established
2002

About Mirfin Valuation Services (Pty) Ltd

We draft a legally compliant maintenance plan that is based on a light inspection and life-cycle cost analysis of the major capital assets.

 

For a long-term maintenance plan to become realistically executable, it must be adjusted to better suit the body corporate’s technical requirements, scheduling preferences and financial viability. The 10-year maintenance plan must further be updated in accordance with actual quotations and invoices as obtained from contractors.

 

For the purpose of making periodical adjustments to the 10-year plan, Mirfin provides an online dashboard which guides trustees and portfolio managers within the legal requirements. The dashboard offers financial planning tools for calculating levy contributions and for creating long-term cashflow projections for the reserve fund and admin fund.

 

Access to the dashboard is free for the first 12 months; thereafter an annual subscription is available for a fee of R600 plus VAT. An insurance valuation is available in conjunction with the 10-year plan at a reduced rate of 25% off the standard valuation fee.


Our valuations include a quantified replacement cost calculation and a detailed Schedule of Replacement Values for every owned section and its undivided share in the common property. This comprehensive service allows us to assist trustees and managing agents in presenting the legally required documentation at the Annual General Meeting and enables insurers to confidently waive the “average“ clause from the policy.

 

All our insurance valuations include a basic survey of potential insurance risks and maintenance issues with photographs of the property and its improvements.