Tips for Organising Your Home’s Valuation

There is certainly a complete array of circumstances once you could need to organise a valuation of your property, and even though you simply can’t always find the valuer, you can easily influence the last figure. A low-ball valuation can kill a sale or dash your hopes of refinancing, it is therefore worth going the excess mile to optimise your home’s valuation. One of the keys aspects that determine a property’s value are generally set in stone – just like the location, the scale in addition to types of property (free-standing house, terrace etc). They are things you simply can’t change, but there clearly was plenty you can easily influence.

● Have the place looking great
Treat the valuer’s visit in the same manner you would get ready for an ‘open house’ inspection. Tidy up the garden, provide the exterior a lick of paint if required and repair something that is undoubtedly broken like fence palings. Give the within an extensive neat and declutter paying special awareness of ‘high value’ areas such as the kitchen and bathroom. Sure, last night’s dirty dishes shouldn’t impact your home’s value you only get one chance at a primary impression.

● Point out hidden benefits
Several of your home’s most readily useful features is almost certainly not immediately obvious – like new wiring, extensive insulation or underfloor heating. That is why it is essential to be readily available as soon as the valuer arrives in order to point out these noteworthy extras that will enhance its value. Equally once you know about new plans for the location – like your local Rotary Club is assisting to construct a unique kid’s playground in a park on the street, allow the valuer know. Keep in mind, the valuer is not purchasing the property so that it is not required to ‘sell’ your home in their mind. Let them have space to accomplish their job. It is not merely home-owners shadowing the valuer which can be annoying. Make the family go to a friend’s house for at least an hour.

● Showcase your home
In case it is a hot day switch on the atmosphere conditioning, maybe have the pool filter and spa running. This does not just show the valuer that all things are in working order, in addition it showcases everything the spot is offering.

● Keep a note of local sales results
A beneficial valuer will have a look at local sales figures to reach at their final figure. Nonetheless it will not hurt to allow the valuer know very well what similar nearby properties have sold for particularly when these are generally very recent sales or private sales. Hold onto any marketing material from local sales – like brochures or flyers, so your valuer can confirm sale results utilising the selling agent.

● Share your plans with the valuer
If you should be extending or refinancing your property loan so that you can execute renovations, explain the proposed project into the valuer, and supply copies of architectural or building plans. The valuer will generally assign an ‘as is’ value to your premises although the lender might prefer a sense of the property’s likely value on finalisation of renovations. Providing plans provides the valuer another little bit of the puzzle.

Romeo Property Valuers, pride themselves on providing comprehensive property analysis. We strive to deliver market-leading strategic and innovative property advice using state-of-the-art valuation and information technology systems in order to enable you to make informed financial decisions.

Get in touch with us today to get a better understanding of your property or request for a valuation here