As homeowners who want to sell their properties, we do sell for their maximum values. With this, most homeowners end up choosing estate agents based on the initial valuation of their property. This, according to Aaron Emmett, is a costly mistake. In selling a property, the value of your house matters. However, with a wrong housing or property estimate, you may end up selling your property for a price that is less than the actual worth of your property.
On the other hand, homeowners with overpriced properties or houses will end up chasing potential buyers away from viewing and buying their properties. Moreover, higher selling prices may put such property in a long wait before finally selling, or the property may not even attract any buyer. With the valuation initially, Aaron Emmett suggests you will get a optimium value for your property, and this will boost its chance of selling it.
Factors Aaron Emmett Considered While Valuing A Property
Let’s look at some of the factors that real estate agents put in mind while they are valuing a property. This will help improve your knowledge about valuing a property and prevent you from being cheated.
- Aesthetics
While the basic aesthetics like maintaining your house very well and keeping it tidy and clean increase the chances of getting more potential buyers, we have other aesthetic factors that you must consider as a homeowner. For example, a property with a great view of the countryside and or attractive features will always attract a better selling price. A house that is sited very close to a river or sea will cost more just like a hotel room with scenic views.
- Local Amenities
While evaluating the value of a property, the major factor that can boost the selling price is its location. The final selling price will be increased when a property is sited in a place that is close to restaurants, banks, schools, shopping malls, and parks. Also, an apartment which is sited in a place with good roads will attract more potential buyers at higher prices than an apartment that is sited in a more isolated suburb.
