subject: Property Valuation Tips [print this page] When selling your property, the valuation is important, so its only right that you are well-informed on how to value your own home rightly. Though there are professional property valuers but still you can help them by providing some valuable information.
The value of your property is dependent on a number of factors ranging from the speed at which you wish to sell, supply and demand in the local area. I suggest Never admit to being in a hurry to sell. This could mean a lower valuation.
You must get copy of your municipal/council rates. They vary from one place to the next, but there will generally be a site value or unimproved land value figure reflecting the value of the land only. And sometimes there will also be an improved value, based on the land and building.
You must keep tabs on sales in your area by attending auctions nearby. Whether its an auction or a private sale, hold on to the sales brochure when you attend the open home so that your valuer will be able to track down the agent to confirm the selling price.
If you know the sale prices achieved at any recent property sales in your area, have that information available for the property valuer.
You can also get a couple of agents to visit your home for a valuation, but ask them for 2 figures; what is the property likely to sell for in the current market, and what they would put it on the market for as an asking price.
One of the best times to get a current valuation is when you have, say, two or three recent sales that are very similar to that of your property. Obviously such sales have a direct effect on the arrived value.
If improvements have been made to the property over recent times, provide a detailed and written list of works conducted and the cost of these. Even better would be project specs and a building contract, giving the valuer an idea of exactly what has been spent.
For free, you can get your property valued at Estate Agents Surrey or Estate Agents Hampshire,. They understand the importance of providing accurate professional advice so that you can plan your move with confidence.
They have been helping clients sell their homes throughout the area since 1992.
They have a wealth of experience and their approach has always been to try at all times to provide outstanding customer service and to help you move with the minimum of disruption.
Their approach is to assign a professional Estate Agent to each of their clients throughout the length of their transaction. For a free valuation contact any of their offices in Surrey, Hampshire and Berkshire.
