So, what is a Property Appraisal?
Put simply, a property appraisal is the best way to find the value of your property and where it sits in relation to the current market. It's the first step in the journey toward selling your home, or a process you can undertake to better understand the current real estate market and sales trends relative to your immediate locale.
Understanding your local real estate market is crucial when preparing to sell. Has the market significantly increased in value since you purchased? Is property in high demand at present? Have you substantially renovated your property since purchasing, thus increasing the value of your investment? Is your property attractive to home buyers or investors?
By engaging a licensed real estate agent to appraise, you will be equipped with the knowledge crucial to understanding where your largest investment currently stands. If selling is the prime reason for gathering this data, decisions such as time to sell, method of sale, sales and marketing process, legal requirements and many others can be made from a foundation of understanding, and with the right agency, a collaborative process can be undertaken to achieve the results you are aiming for.
If you are curious about your property value, or you are keen to sell your property soon or in the coming months, please contact us at Robertson Port Fairy. We offer obligation free appraisals to assist our community in making the decisions that meet their immediate living, financial or portfolio needs. We are honest, reliable and most importantly, accurate with our appraisal process. And we are proud of it.