A guide to determining the value of your home
For the vast majority of us, owning a home will be one of the most significant financial investments we'll ever make. Therefore, maximising its worth is critical if we want to move up the property ladder.
We've taken this opportunity as your top local expert to explain some of the key aspects of your valuation so that you understand exactly what you're receiving and why.
What does “property valuation” mean?
A property valuation is an analysis of your home's worth. A variety of considerations, including the type and size of the property, its condition and location, as well as the seasonal and national trends in the local property market, are all factors we take into account.
It is a good idea to have a local agent conduct your valuation. They will know the local market and be able to target buyers in that area with effective marketing, which will lead to more viewings.
When choosing a representative, it is important to consider the service promise and success metrics, rather than the lowest cost.
Why is it crucial to obtain an up-to-date valuation?
While you may not be ready to sell right now, it's a good idea to keep a close eye on your local market.
Knowing your home's worth can also mean that when you are ready to sell, you'll be prepared and ready, saving you time and energy right from the beginning of your property journey.