
If you have to put a price on something priceless then make sure it's the right one
You have put in many years of hard work, investment, and home improvements to create the perfect home so making sure your property is correctly priced is massively important – priced too high and it could stay on the market for years, priced too low means that we are doing a disservice to you, the vendor.
Valuations are the most important part of the job for our listing team, but they can also be one of the hardest elements of the role. Every property is unique, each one has its own individual features, such as location, size, amenities, condition etc and the nature of the property market in terms of supply and demand also plays a part in the overall value of a property. Because there are so many variables, we have an entire team dedicated to listing properties. That is all they specialise in, which means they know the market inside and out, they understand how to value your property and how to work out the most probable price that it will sell for in a competitive, open market.
So how do we go about working this out?
We use a collection of specific data regarding your property:
- Age and condition of the property
- Build and plot size
- Type and quality of construction
- Number and type of rooms
- Parking
- Pool
- General data about the region and neighbourhood where your property is located
The most important factors to consider when valuing your property are the size, comparable features and – perhaps most of all – location, which can tremendously affect a property's market value. We also compare your property with those sold within the last 12 months under typical market conditions and those with similar characteristics.
As we know, nobody is perfect and, even though we undertake hundreds of valuations each year we also use up-to-the-minute technology to make sure that the price we recommend for your property is, in fact, the right one. We have invested in technology that looks at the same data mentioned above but is updated in real-time and investigates many more factors quickly and precisely. If you would like to find out how much your property is worth then click here and fill in your details.
By combining our industry knowledge and technology we can ensure our valuations are current, accurate and in line with the property market in your area.
If you have to put a price on something priceless then make sure it is the right one, if you are looking to sell your property and would like a free consultation and valuation then make sure you get in touch.