The importance of valuations
Property valuations are the starting point of the journey for anyone looking to sell their property. Yet many sellers remain uncertain of the factors contributing to this vital aspect of the selling process. This uncertainty is why a Meridian iAgent's guidance through the process is crucial, helping you understand the true value and potential of your property.
While numerous factors influencing property valuations are generally well understood, there are certain criteria you may be unaware of. And most importantly, professional valuations do more than tell you what your property's selling price should be; through an analysis of key aspects, we help you understand the value of your property and all it can offer, as well as help you understand how you can increase its value to increase the asking price.
The physical property is where the value begins. And contrary to popular opinion, size does matter, especially in property valuations. From the number of rooms and the floorplan layout to the yard and all its amenities (such as swimming pools and lapas), it is common knowledge that the size and physical attributes of the property have a huge effect on the final valuation. However, the age and condition of the property play as big a role in the final calculation as the valuation considers the expenses a homeowner is bound to invest in the property to maintain its value.
Holistic valuations also consider the external factors that influence the property's value. These include the micro-environment surrounding your property and your neighbourhood, the character and potential of your property, and the possible experiences the property offers. When working with Meridian's team of experienced iAgents, your valuation benefits from a comprehensive understanding of your property's value and how the market influences it.
The final influencing factors are the state of the property market and sales price trends. Over and under-priced listings lead to properties remaining on the market for longer than necessary because they do not conform to the market. This factor easily raises questions as to why the price difference exists. To investigate such an irregularity unnecessarily exacerbates the buyer's journey, so the property is often overlooked.
With a FREE Meridian property valuation, you start your journey off on the best foot. You will receive a detailed breakdown of your property's location, the current market trends in your suburb, the most recent prices of properties sold in your area, potential areas of improvement, and so much more. All of this at the click of a button.
So why wait any longer? Start your journey on the best possible foot with your property valuation.
Get a FREE valuation now.
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www.meridianrealty.co.za
Thinking about becoming a part of the Meridian family? Find out how to become an iAgent.
www.meridianiagent.co.za
This article is a general information sheet and should not be used or relied on as legal or other professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your adviser for specific and detailed advice. Errors and omissions excepted (E&OE)
While numerous factors influencing property valuations are generally well understood, there are certain criteria you may be unaware of. And most importantly, professional valuations do more than tell you what your property's selling price should be; through an analysis of key aspects, we help you understand the value of your property and all it can offer, as well as help you understand how you can increase its value to increase the asking price.
The physical property is where the value begins. And contrary to popular opinion, size does matter, especially in property valuations. From the number of rooms and the floorplan layout to the yard and all its amenities (such as swimming pools and lapas), it is common knowledge that the size and physical attributes of the property have a huge effect on the final valuation. However, the age and condition of the property play as big a role in the final calculation as the valuation considers the expenses a homeowner is bound to invest in the property to maintain its value.
Holistic valuations also consider the external factors that influence the property's value. These include the micro-environment surrounding your property and your neighbourhood, the character and potential of your property, and the possible experiences the property offers. When working with Meridian's team of experienced iAgents, your valuation benefits from a comprehensive understanding of your property's value and how the market influences it.
The final influencing factors are the state of the property market and sales price trends. Over and under-priced listings lead to properties remaining on the market for longer than necessary because they do not conform to the market. This factor easily raises questions as to why the price difference exists. To investigate such an irregularity unnecessarily exacerbates the buyer's journey, so the property is often overlooked.
With a FREE Meridian property valuation, you start your journey off on the best foot. You will receive a detailed breakdown of your property's location, the current market trends in your suburb, the most recent prices of properties sold in your area, potential areas of improvement, and so much more. All of this at the click of a button.
So why wait any longer? Start your journey on the best possible foot with your property valuation.
Get a FREE valuation now.
Facebook | Instagram | Twitter | YouTube | LinkedIn
www.meridianrealty.co.za
Thinking about becoming a part of the Meridian family? Find out how to become an iAgent.
www.meridianiagent.co.za
This article is a general information sheet and should not be used or relied on as legal or other professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your adviser for specific and detailed advice. Errors and omissions excepted (E&OE)
26 Apr 2022
Author Meridian Realty