With financial circumstances not necessarily being at an all-time high for most households it may be necessary to make some changes. Knowing what a property valuation report is and how it can help you, will shed some perspective on your situation.

A property valuation report will give you an accurate estimate on what the value of your house is. It will also be able to provide you with a comprehensive overview of the property market in your area. This information is extremely important to have if you are in the process of trying to sell your home. There are many reasons why you might be considering selling your home, whether it be too big for you now or too small, getting the right price for it will greatly help your circumstances.

There are many different aspects that will be taken into consideration by the valuators when conducting the property valuation report. If you want to get the best possible value for your home then you need to take the following into consideration:

  • Location: unfortunately the area in which you stay will be taken into account during the valuation process. Even if you consider yourself to be in a good area, there are certain aspects that might affect the overall value. There is very little that you can do to change this. When purchasing a new home, try purchase in an up and coming area. You will find that you pay less for the home at the time of purchase and will get more out when you decide to sell.
  • Interior design: despite popular belief the interior design of your home does make a difference. Valuators need to take into consideration the current trends and other issues. In most cases it is best to not change the structure of the house dramatically, unless it will add value to the home. New buyers need to be able to envision themselves in your home, providing potential buyers with a blank or neutral canvas will help them to do this.
  • Maintenance: your house is your home and subsequently needs to be lived in. However, you still need to keep up the maintenance of the home. Damp, structural damage and mould can affect the overall value of the home. Before getting your home valued ensure that any maintenance issues have been fixed.

There are other ways in which a property valuation can assist. Purchasing a new home can cost a lot of money, once it has been handed over to you, getting the right insurance should be your main priority. The valuation of the home at the time will provide with the knowledge on how much you should insure it for.

Get your property valued today

Do not hesitate and get your property valued today! Come to us at The Property Partnership for comprehensive valuation services. For more information on our services visit our website www.property-partnership.co.za