The actual worth of any property can be estimated by the expert and professional property valuer not by your real estate agents. There is a misconception among people that –
Why to hire a property valuer, when we have a real estate agent with us?
Why to pay a property valuer when on a single request you can know property value from agents?
Guys, there is something vital you need to understand. We would start from the basics – There are two terms property value and property appraisal.
What’s the difference between Property value and property appraisal –
The difference between the two is – One is the professional way to know the value of the property whereas other one is not the professional way.
Property value is the current market value of the property keeping the influencing factors into consideration, it is calculated precisely by the professional who is expert in this field. This profession requires knowledge about market conditions, good analytical and judgmental skills, keen observer, can study well the previous sells history and work experience. Thus the valuer can draw the accurate property valuation figures along with the detailed property report which carries the complete information of the property that is valued. Even for this professional service, you have to pay valuer’s fees.
On the other side, property appraisers are the real estate agents who can predict the value of property by experience and previous sales. Neither they don’t do much calculations nor they are going to provide you a property valuation reports. In general they don’t charge any fees just on a request they provide their appraisal help.
Now the question arises – How much is the actual worth of my property today?
Why ‘today’ is being added in this? Once you have find out the property value than what’s the need to evaluate the property again?
Property value is the number value that is inconstant in nature. The obvious reason behind this is, it changes frequently. Reason, the factors on which it depends changes. So directly it brings an impact on property valuation figure.
That’s why whenever you think to sell the property think about the valuation services first, ask the valuer to find the current market value of your property and then sell it accordingly otherwise you may have to go through some financial losses.
Find some valuers in your town, ask them to visit your property and with in a week or few days they will give you a complete property valuation report which includes –
- Address with pincode of the property.
- Name of the property owner.
- Council Zoning of the property.
- Location and neighbourhood of the property.
- Description of the building and premises.
- Additional facility available in the property
- Renovations details
- Colored pictures of the building.
Knowing the right value of your house is a boon. As it contributes in making the financial decisions. Otherwise, it may leads to financial losses. Hiring a valuer is an investment you make to get good ROI. So Hurry up.. What you waiting for? Contact property valuer and know the actual worth of your property today.