When we do an appraisal, one of our experienced agents will visit your house to assess its condition, size, presentation, number of rooms, and any other features that are likely to appeal to buyers. They will also research recent sales of similar properties in your area, and then give you an estimate of how much they think your house would sell for in the current market. During the appraisal, they will also answer any questions you have, like what is trending in the market, or how you can improve your property to get maximum value from your sale. It’s all free information, so ask as many questions as you like!
The government valuation that you receive every three years becomes outdated quickly, and because it’s not based on an up-to-date and personal inspection of your property, it may not accurately reflect your home’s true market value. Registered valuations, while far more accurate, are only valid for three months and can be expensive.
A free appraisal gives you a strong idea of what your house is worth right now, and that information can help you work out if your home’s equity has increased enough for you to renegotiate your mortgage or borrow a bit extra for renovations. If you’re planning to sell, it gives you an idea of how much money you can get to spend on your next home. Your appraisal can also help you decide which areas of your house to improve before you put it on the market.
If you are thinking of selling, renovating or refinancing, getting an estimate of your property’s current market value is a great place to start and will assist you in determining your equity position. Our experienced agents will give you an obligation-free assessment and answer any question you have, all at no cost to you.learn more