How Much Is Your House Worth – Importance Of Valuations
You may not spend a lot of time thinking about the value of your home but this is one of the most important things about your property. No matter what your short or long term plans are for your house, the importance of valuation cannot be overstated and it is important to know what impacts on the value of your property and why you may need to know the current valuation.
There are many different factors that impact on your property, including some general matters. These general factors allow for a quick valuation to be placed on your property and this is a very good place to start. Every home is unique and will have features or characteristics that impact on its valuation, so for an accurate valuation, you need to have it professional inspected but if you are looking for a ballpark figure, you will be able to do so.
Issues that impact on the general valuation of your home include:
- The size of the property
- The demand for property in your local area
- The location of your property
- The features that are on offer in the local area
Taking these attributes into consideration alongside current values and sale prices in the area allows professionals to offer you a guide valuation for your property. Of course, there will be times when you need a more accurate valuation, and this will include consideration on the following matters:
- How old the property is
- What condition the property is in
- How the house is laid out
- What storage space is on offer?
- Have any structural improvements been undertaken
- The condition and quality of the fittings
- Heating and electrical systems
- What insulation and double glazing work has been undertaken
- Whether there is a garden or external space and what condition it is in
The fact that there are so many individual attributes indicates that for a true valuation to be made, there needs to be an examination of your home. For many homeowners, the rough valuation is all they need but there will be times when you need to know exactly what your home is worth.
If you are looking to take out or update home insurance, you need a valuation
Holding home insurance is important and it is vital that you have sufficient insurance in place. If you don’t have sufficient level of cover in place at your home, you may run into difficulties when you need to make a claim. Having your home professionally valued reduces the likelihood of any issues arising.
If you are looking to refinance, you need a property valuation
It is understandable that many people are looking to strengthen their financial position and there are a number of options to achieve this. Remortgaging is an option for some people while other people may be looking to take out a loan on their home. Either way, it will be of benefit to know the true valuation of your property, and this may help you to obtain the best deal or loan for your needs.
If you are looking to maximise your ROI, you need a property valuation
Owning a home allows you and your loved ones to stay safe but owning a home is also an investment that can make a massive difference in your life. A lot of people like owning property as an investment because it is a tangible asset that they can touch and see, while there is also the chance to positively impact on the valuation of the property. If you are looking to improve your return on investment, make sure you know what your current valuation is and then take steps to improve the value. By keeping in touch with the expected return on investment, you will have more control over what you achieve.
If you are looking to sell your home, you need a property valuation
There is also the fact that if you are looking to sell your home, you should know its current value. This information will allow you to make a more informed decision regarding any offers you receive or your future plans.
No matter what you are looking to do with your property, knowing the valuation of your home is hugely important.
The first steps to selling your property start here.
The very first step for you to sell your house or flat is the valuation, or what is known to estate agents as the market appraisal of your properties value. During your market appraisal, an expert and real estate agent from your local office will describe all your sales options to you, including our fees, and help you fix the very best price you can market your property for.
- You can book your free appraisal at time that is entirely convenient to you
- You decide how much advice and suggestions you want
- We can help advise you on how to improve your price with insights from years of estate agency knowledge and experience
- Before our meeting we will prepare your house price range based on evidence and local knowledge and we leave the evidence with you.
- Your house or flat's selling price range will depend on its current condition and we can advise on how to dress your home or make further changes to it.
- We issue you with a valuation straight away, with absolutely no obligation to sell.
How our fee structure works for selling your property in Weymouth, Bridport, Poundbury, Dorchester and Beyond
We would be delighted to chat to you about how our different packages will meet your needs. We have a range of options we can offer you during your free property appraisal and please remember it is a no obligation commitment, we are just happy to help you. Similar to online estate agents, but without the bad reputation or terrible contractual clauses, we can offer a sales package where you do more of the viewings but feel safe that an experienced local Dorset estate agency is guiding you with insightful advice. Alternatively, our full service has us do everything for you, working hard to get you the best final sales figure for your home at all of the valuable contact points. Our reputation is important to us as is our integrity and we will give you our objective and honest assessment of what might be best for your situation.
The first step is to contact us, call right now and we can get you started with a further outline or simply fill in some small details below and we will do the rest.
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