Can you improve your property's valuation?

Are you looking to sell your home and buy something better or more suited to your current lifestyle? Perhaps you are hoping to refinance your home loan in order to pay for renovations?

Whatever your plans are, chances are you will need a professional property valuation.

Waiting for a property valuation to be completed can be stressful – especially if you need your home to be valued at a certain amount.

The good news is property valuations don’t need to be stressful. In fact, there are a few easy things you can do to help improve your end valuation.

Clean it up

One of the best things you can do to ensure you achieve a good property valuation is clean your home. Leaving rubbish on your kitchen or bathroom counter may tell the valuer that your home doesn’t have good storage. A spotless home will immediately help a property valuer see your home in its best possible light, which will help with the end valuation.

Repair where needed

Before the property valuer inspects your home, it is a good idea to identify anything in need of repair and then fix the problem. Are there any chips in your paint or cracks in your flooring? Make sure everything in your home is in perfect condition.

An inexpensive refresh

Some areas – like an outdoor space – can be relatively cheap to refresh. If some parts of your home are in desperate need of an image change, see what you can do to give your home a modern makeover. New throw pillows, a standing umbrella, or scented candles are all relatively inexpensive, but can have a huge impact on the way your home is presented.

Once you have tidied up and refreshed the look of your home, there are also a couple of tips and tricks you can employ once the property valuation has been ordered.

Highlight updates

Where possible, it is good to be at your home when the valuer comes to inspect the dwelling. If you are present at the time of the inspection, you will be able to point out some of the recent improvements you have made to your home. Things like solar panels may not be immediately visible to a valuer, but they can certainly help to increase the value of your home.

Come armed with info

Offering comparable sales information to the valuer can also help them to understand what similar properties have been selling for in the local area.

Push for on-site

When organising a valuation of your property, push for it to be on-site. Some companies will offer desk-top valuations, but these won’t encompass any recent modifications or enhancements you have made to your property and could result in a lower valuation.

As you can see, there are plenty of easy ways for you to influence your end property valuation. If you have any questions about your valuation or are interested in starting your home loan application, contact your local Mortgage Choice Home Loan Expert.

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Posted in: Renovating