Imagine you’re shopping for a used foreign car that’s in good condition. You visit a resale website and discover that most are selling for approximately $80,000 TT. Would you be willing to pay $100,000TT or more? Probably not. The market value is obviously well-established, and you know what is worth. There would be no reason to pay more. Would you?
Get the right listing price for your home or property for sale is very similar. Your home has a market value and, if you were to list it for sale, buyers would expect to pay close to that amount. If you price it too high, many buyers won’t even bother to see it. If you price it too low, you’ll leave money on the table.
Another important note, Financial Institutions in general, would not give a mortgage higher than the valued price. If the purchaser still wants to proceed with the purchase, he or she need to pay the balance out of their pocket. So, get the right valuation as soon as possible.
How Is Your Property Value Calculated?
Many factors come into play when calculating that market value – neighborhood, views, street characteristics, amenities, special features, upgrades, condition, etc. However, the most important factor is the price similar homes in your area sold for recently.
List with us at the right price today and increase the chance of a successful sale! Because we pay attention to similar properties in your neighborhood sold recently. Finding out the market value of your home is a smart idea, even if you don’t plan to sell soon. It helps you make better decisions should something chance and you need or want to sell.
How do you find out the market value of your property? Contact us today and we will help you finding the right Valuator. Be one of our many happy clients. Get your property sold at best possible price.
