Westmoreland Property Valuators
Westmoreland Property Valuators that offer appraisals of land, residential and commercial properties in the Westmoreland parish.
Westmoreland Municipal Corporation. Parish Profile: Westmoreland – Jamaica Information Service. Parish Name: Westmoreland Capital: Savanna-la-Mar Land Area: 785.2 sq km (303.2 sq mi) Population: 144,817 History Colonists named this parish Westmoreland in 1703, after the English took over the island from Spanish rule in 1665; it is likely that it received its name as it was the most westerly point of the island. The parish boasts rain-fed fertile soils and low relief, well suited for sugar cane. The fertility and lush vegetation of the parish is greatly maintained by the various rivers and streams that are important sources of water.
Geographical Location Westmoreland, located at the west end of the island, is adjoined on the north by the parish of Hanover and on the East by St. Main towns Savanna-La-Mar The parish capital, Savanna-la-Mar is a sub regional centre, where the administrative, commercial, marketing and retail sector dominates and acts as strong influence to the growth of the town. Bluefields A coastal town established by the Spanish on their arrival in 1655. Grange Hill Negril. Real estate appraisal. Process of developing an opinion of value for real property Real estate appraisal, home appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). The appraisal is conducted by a licensed appraiser. Real estate transactions often require appraisals to ensure fairness, accuracy, and financial security for all parties involved.
Obtaining an appraisal [edit] Appraisals are often required by lenders for issuing or refinancing a loan. The appraiser will visit the property, assess it, gather data and leave. On average, the entire process of obtaining an appraisal takes from 5 to 15 days.[3] There are several types and definitions of value sought by a real estate appraisal. Market value – the price at which an asset would trade in a competitive Walrasian auction setting. Value-in-use, or use value[5] – the net present value (NPV)[6] of a cash flow that an asset generates for a specific owner under a specific use. 1. 2. 3. 4. 5. Westmoreland Parish. Parish of Jamaica Parish in Cornwall, Jamaica Westmoreland (Jamaican Patois: Wesmolan) is the westernmost parish in Jamaica, on the south side of the island. It lies south of Hanover, southwest of Saint James, and northwest of Saint Elizabeth, in the county of Cornwall.
The chief town and capital is Savanna-la-Mar. Negril, a famous tourist destination, is also situated in the parish. The earliest inhabitants of Westmoreland were the Arawak and Ciboney Indians.[3] The Ciboney were first to arrive, from the coast of South America, around 500 BC.[4] Known as "cave dwellers", they lived along the cliffs of Negril. Christopher Columbus stopped at what became Westmoreland on his second voyage when he landed in Jamaica. The English took over the island from Spanish rule in 1655. Westmoreland has an area of 807 square kilometres (312 sq mi), making it Jamaica's eighth-largest parish. Numerous rivers run through the parish. Negril is one of the main tourist destinations in Jamaica. Attractions. Valuator Revised Listing February 2021.
Real Estate Appraisers Valuers. Adjudication Committee Hearing - Westmoreland Central (Savanna-La-Mar) - March 23, 2023 | National Land Agency | One Agency, One Goal. Adjudication Committee Hearing - Westmoreland Central (Savanna-La-Mar) (April 24 2025) | National Land Agency | One Agency, One Goal. Westmoreland Eastern (Darliston) Adjudication Hearing | National Land Agency | One Agency, One Goal. Commissioned Land Surveyors | National Land Agency | One Agency, One Goal. Land Valuation | Westmoreland Municipal Corporation. All lands in Jamaica are valued for the assessment of the Property Tax. Under the Land Valuation Act, new valuations should be conducted every five years by the National Land Agency.Land valuation is conducted by professional valuation surveyors from the National Land Agency and private sector.
BASIS OF VALUATION Valuation in Jamaica is based on the unimproved value of the land, as set out in the Land Valuation Act. Under this system, the valuator takes into consideration the market value of the land, that is, the price which the owner would expect to receive, if he were selling the land alone and disregarding the value of any improvements, such as building and crops. There are several factors which determine the value of land. Approximately 750,000 properties are now listed on the National Valuation Roll.