do valuers work for the dark side? Just purchased a WA IP where it is 30% under market. Valuation came in and made me laugh. Came in dead on purchase price. Comparable were laughable... They were comparing units with a 3x1 on large block. Only 1 was a house had smaller sqm and they said it was better internally. I actually inspected that particular house it had holes in walls ect ect the sold price was still 20% higher. There have been no houses sold for this price since 2005 yet it still came bang on purchase. I know they do give higher val prices as I had one in 2011 where the bank vale came in 10% higher. Why bother valuing, if the don't actually do it properly. Or just wear darth vader masks when they go out to value!!