3 Ways to Get the Most of Your Property Appraisal
With the constant evolution and fluctuation of the local real estate landscape, receiving a property appraisal is a great way to grasp your property’s worth within the market – even when you aren’t necessarily looking to sell.
Our sales team are often met with many questions when a property appraisal is on the horizon - knowing what to expect, what the outcome means for your home, and of course, the next steps.
Here are our tips to make sure that you’re getting the most out of your property appraisals.
Keep your recent property upgrades & improvements on file
Before and after photos, alongside receipts and bills, are a great way to demonstrate any recent changes to the property to your real estate agent. This way, they can factor this into their estimate for a precise result. Keeping a tidy record of any transactions made to improve your property is great practice in general, regardless of whether you’re looking to sell or not.
This can also be inclusive of any improvements made recently in your local area, including improved amenities, public transport, and services. These factors play a major role in the desire of buyers, and therefore, can make your appraisal more accurate.
Review comparable properties prior to your appraisal
Keep track of recent sales in your area, so you know that you’re getting the best result! Carefully examine similar properties, and compare them to your own, so you can manage expectations in preparation for your appraisal.
Alternatively, partner with an agent who can do this for you, like team Oliver Jonker.
Select an agent that knows your area
This is a non-negotiable! Selecting an agent that is familiar with the ins and outs of your local neighbourhood is the key to an accurate, beneficial, and fulfilling appraisal. If they aren’t, this will likely result in your property being under or overvalued.
As a Northside local, Oliver Jonker and his team are incredibly well-versed in the property market of this area and it’s surrounds. This provides us with an unrivalled insight into the value of your property, what is to come for your home in the future, and whether your property is a strong contender for sale in the future.
For an accurate, thorough, and smooth property appraisal process, reach out to the Oliver Jonker team today.
