I use this list when I read any valuation report, mine or someone else’s. It sets out the minimum matters a report must address under the RICS Red Book (VPS 6 para 2.1, 17 items) and must convey under the International Valuation Standards (IVS 106 para 30.06, 18 items), both in the editions effective since 31 January 2025. Switch between the two standards, tick what you find in the report and print the result.
Red Book / IVS valuation report checklist
Tick off the minimum matters a valuation report must address or convey under each standard.
Item wording is a short summary of the standards’ text; the next IVS edition is due to take effect on 31 January 2028. Nothing is stored or sent.
Background: What is a Red Book valuation? · What are the International Valuation Standards? · IVS vs Red Book