THE VALUE OF A GOOD VALUATION

Posted by admin 04/07/2018 0 Comment(s)

As the old saying goes, “knowledge is power”, but when it comes to property prices, knowing what a home is really worth is up for much debate.


Whether you are buying or selling, knowing the value of a property is key, and whether you put the power in your own hands by doing your research, or reaching out to the experts, the results might not be what you are expecting.


When you begin your journey, or even if curiosity gets the better of you, a good valuation is the perfect place to start, and an online valuation tool, such as the one offered by Aston Anderson, is a quick and easy way to do so


WHY DO I NEED A VALUATION?

For whatever reason you are venturing into the property market, a little bit of knowledge and a guided valuation can be the perfect launchpad to start the conversation.


If you are selling, a valuation could help you understand what price to set it at. You may think you know what your house is worth, but remember, you have an emotional attachment and are unlikely to have been paying close attention to the movements within the market.


Getting a valuation, or two, can reassure you that you are getting the best deal when it comes to putting your house on the market.


When it comes to buying a home, a quick check of home values in the local area, or a focus on a particular home you have your eye on, can give you a leg up in knowing what to offer. Being aware of valuations in your desired area is one of the best pieces of information you can have.


HOW MUCH DOES A VALUATION COST?

An online tool is free to use, and you can have the results in less than a minute. It provides a basic guide and that first bit of knowledge you need as you move towards making an informed decision.

 

CAN I TRUST THE VALUATION?

An online valuation will provide you will a broad guide. Whilst it is tempting to believe the top end of the valuation (or the bottom end if you are buying!), remember that if the price is too high, it may put buyers off and your home will remain on the open market for much longer.


Online tools take into consideration measurable factors such as location, square footage, number of bedrooms and so forth, but the human touch is still needed. It pays to ask the experts, so reach out to your local estate agents.


You may have heard the stories of underhand estate agents over-valuing property to get you to sign with them, if you do so your property could be on the market for months and not get a single offer. Remember, staff at Aston Anderson work in the local property market every day and know the market better than anyone, so the valuation Aston Anderson will provide will be accurate and you will have a better chance of selling your house faster.


Aston Anderson staff have over twenty years of real estate experience in total and are prepared to provide you with the most accurate valuation that you really can trust.


Don’t forget, knowledge is power so you can do some of your own research. See what else has sold in the area, check current sales prices, list out local amenities like transport links and schools… all of this information can help you know if the valuation on your property is accurate.


If you are still unsure of what to ask your estate agents, check out our handy five questions article. All of the agents at Aston Anderson will be happy to answer these, or any other questions, that you may have.


I HAVE COMPLETED THE ONLINE VALUATION TOOL. WHAT DO I DO NOW?

Just get in touch with one of our friendly team, and we will be able to guide you through the next steps. They will usually call you anyway but if you receive no reply within 24 hours please do reach out.


A full valuation can be booked in at a time that suits you, and a potential sales price can be set.


There is a lot of value behind a good valuation. It could be the difference between a realistic selling price and quick sale, or a stagnant property that takes years to sell. 


Take charge of your valuation today – with a little help from Aston Anderson.