In plain English
This means someone has worked out what the property is worth in money. That assessment has been done, and the valuation task is now finished.
In context
Here, it communicates that the property's monetary value has been assessed and that the valuation process is finished.
- Situation
- Following home-purchase, mortgage, valuation, survey, and closing administration
- What it communicates
- shows the valuation has been finished.
Meaning limits
This status only covers completion of the valuation and does not by itself say anything about agreement with the assessed amount.
Examples
“The case remained at Valuation complete even though the owner rejected the amount.”
“After the farmhouse was assessed, its record changed to Valuation complete.”