When you choose to use home valuation services on the Gold Coast, you are investing in sound knowledge that ensures you make the best real estate decisions. Furthermore, when you trust Cunningham Valuers and Property Advisers, you are using services crafted to meet your unique needs, affording you a personalised experience you simply cannot get anywhere else.
As we all know, not every home is of equal value. So, when you are interested in buying or selling a property, how do you determine its value if there is no set marker? Well, that’s where property valuers come in. A property valuer will consider various elements of the property to estimate its value, including the location, age and condition of the structure, size, layout and recent property sales in the same area.
The ability to designate value to a property takes years of experience and a keen understanding of the real estate market. This is why home valuation services should be your first step before buying or selling, ensuring you act when the market is at its best. So, if you need professional home valuation services on the Gold Coast, look no further than Cunningham Valuers and Property Advisers!
When And Why You Should Use Property Valuers.
Property valuation is used for several reasons, from securing a loan to Family Law to determining rental values and, of course, when buying or selling a property. The last thing you want is to sell your property under market value or pay far too much for a house that won’t break even if you need to put it back on the market, which is why property valuation is a crucial step when making informed property decisions and investments. Let’s discuss when and why you should use property valuation:
- When your home is used as security when applying for a loan. Before a bank or lending institution can approve you for a loan, they will require a property valuation. The value of the property will determine the loan amount, dependent on the loan to value ratio.
- When buying or selling a property. When you are not well-versed in the property market, it is easy to underestimate or overestimate a property’s value. With the expertise of a property valuer, you are given an accurate estimate of your property’s value, based on recent sales and local market trends.
- Insurance. A replacement valuation report determines the replacement value of the improvements on your property. This figure is then used to calculate the premium for your property insurance and the amount the insurer will pay in and potential claims.
When you need an accurate property valuation, it doesn’t get better than Cunningham Valuers and Property Advisers. So, get in touch with us today for your Gold Coast home valuations!
