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Ultimate Guide in Ensuring an Accurate Property Valuation Getting the accurate market value of your property is very important. It is among the most essential contributing factor to your property’s performance in the market. To guide you in the whole process, we provide the most useful tips you can use. 1. Make sure you get a full valuation There are times when you will be offered different options such as the curbside valuation or desktop valuation. But before you make your decision, you need to know what these two are. If you get curbside valuation, your property will undergo drive-by inspection by a professional but if you choose to go for the desktop valuation, this means you’ve agreed to get your house valuated without the presence of the professional. One good thing about these two types is how affordable they. But considering how prospective buyers inspect a property the valuation figures provided by them are not likely going to help. 2. Get your improvements done Property valuators are always bound by law to give you the most accurate valuation of your property. They can always provide you with the figures that have already take the possible improvements into consideration. But you have to take note that they will need the exact costs of the construction and materials. You also have complete these improvements within two months because anything beyond that time frame will affect the results of the property valuation.
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3. What is the sales time you prefer? The real estate markets also witness daily changes when it comes to the value of the properties available for purchasing. The time you provide for the property to be sold will greatly affect its valuation. For example, if you want your property to be sold in the next 6 months, your property valuation figures will be a bit lower since it has to accommodate the deadline you’ve provided. The same principle goes when the sales time is higher.
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4. Avoid “selling” your property to the valuator It is not unusual for a homeowner to take pride in his or her house but this tends to result to telling the valuator good things about the property. This can affect the view of the professional. The distraction can cause overvaluation which is something that you would want to avoid. 5. Look into the experience of the valuator To get the best results, you will want to have a qualified professional to do the valuation. The more experienced the individual is, the more accurate the result will be. Always make sure that you get the firm that assures you experienced people. 6. Be present during the appraisal To make sure that there is no question left unanswered, you have to be on site when the valuation happens. Most of them will ask about the age of your house, the history, the materials used, and so many more.