If you are a house owner looking to sell a property for a price, it’s important to know how to get the best results. There are several reasons why your house requires valuation, such as rental assessment, family law purposes, presale, or pre purchase, among others. Carrying out a property valuation Hobart of your house allows you to analyze your equity and prevents you from expecting much from the property.
What Does A Property Valuation Entail?
A property valuation is the assessment of the value of the property and how much it would sell. A certified valuation must, therefore, be carried out by a practicing and qualified valuer. The process involves gathering and analyzing a range of information to know the property’s value and provide a detailed report about the property.
The valuer will analyze and inspect your property from all angles while taking photograms, measuring the size, and taking note of everything. He will check the number of rooms, state of repair, design, and layout, ease of access, and unique aspects that could affect the value.
How To Get The Best Results From Valuation
Apart from properly maintaining your property, there are various things you can do to improve your chances of getting a favorable valuation. Here is how to get the best result from your property evaluation
- Clean And Declutter
If your property is clean and well organized, chances are you’ll get a good valuation. You’ll want to ensure your bathrooms and kitchen are clean. The neatness of the bathrooms and the kitchen can greatly impact the value of the property. While we are not suggesting renovation, you need to present your house in the best possible light.
You should weed the garden, mow the lawn, clean the deck and pick all the rubbish scattered around.
- Provide Access
Since a valuer will need to access every room, you can speed up the renovation process by ensuring its accessible. The valuer will also need to measure the home.
- Prepare Your Documents
If you have a copy of the documents, you can get them to speed up the process. Some valuers request land tax valuations and council rate notices, so it’s in order to have all the documents ready if the value needs them.
- Know The Potential Of Your Area
A valuer’s work is to assess the property based on the sale and market of properties like yours. The valuer should be an expert who can make evidence-based decisions. So he will help you have a realistic expectation of the outcome based on the evidence. If you are aware of any recent sale and valuation, let the valuer know.
- Compile A List Of Property Features
The plan is to sell your property; hence it doesn’t hurt to highlight some of the features if they are not apparent. You could prepare a list of features, including newly installed solar panels, insulation, air conditioner, and details of any renovations.
- Remember Your Pets
While we love our pets, not everyone feels that way about them. Since valuers don’t want to accidentally let your pets out, ensure you prepare your animals for an appointment and isolate or safely tether them. The last thing you want is for your animals to feel insecure.
- Be Realistic
While everyone wants the highest possible value for their property, the valuer’s work is to give you accurate information about your property. If you do not agree with the report, ask the value to explain everything. They should provide you with real data to justify this.
- Allow Time For Valuation
Most valuers recommend you give them up to half an hour. Large, prestigious, or unique properties may take a longer time to inspect. Before telling you the value of your property, the valuer will research, compare it with similar properties, and assess.
- Don’t Forget The Exterior
It’s easy to forget about the exterior, but they often provide the first impression that the buyer will get from the property. To get the best valuation, keep outside areas tidy and clean if you want to get the best valuation.
You don’t have to spend a lot of cash redesigning your house to get the best property valuation. While sometimes you have to wait for the market to become more favorable, it could be as simple as making a few changes. By ensuring you do everything to place the property in the best light, you’ll achieve the result you are looking for and ensure you get the most from your property.