If you are new to buying and selling properties, you might wonder how your home could be valued when it comes to putting it on the market. In this article, we are going to ease your mind and share some information on what happens at a valuation.

How do valuers determine how much a property is worth?

There are numerous factors that will influence the value of your home, including:

·         Area, post code, and local market value

·         Size, proportions, and the condition of the property

·         Internal elements like the quality of décor and included furnishings

·         The potential for extensions and beneficial additions

·         Major maintenance tasks such as double glazing or insulation needing replacement

When it comes down to determining your asking price, it can be informed by a combination of these factors, along with your estate agent’s knowledge of the local market and how it’s currently looking.

What you’ll be asked at a valuation

Before an estate agent visits your property, they won’t be able to accurately value your property. You can expect to be asked the reason for buying your home and what you love about it. Remember, what attracted you to the property could result in a strong unique selling point and help generate interest. You will also be asked why you’re looking to move. A classic question an agent will ask is “Have you already found a property or accepted an offer?”

If you’re unable to move immediately or are still looking to find your new home, we can complete your property listing and publish it later on. This will put you in a much better position when you’re ready to move. Then your estate agent can help you find your new home. They will also be able to advise you on how you can increase the value of your current home prior to selling.

For more information about buying, selling, or preparing your home for the market, get in touch with the best estate agents Manchester has to offer and have a chat with our expert team of estate agents here at Philip Ellis.