Evaluating the property is one of the first things you might want to do. After that you can price it realistically and get a good value while buying or selling.
The process of such evaluation combines various factors and yet a too high evaluation of a property might scare away potential buyers or cause a significant loss of money in case of underpricing.
The first main factor in properties evolution is the location of the property and the markets demand in that area. Naturally the price will go up with increase of demand and vise versa. Other factors that influence the evaluation are the interest percentage, mortgages terms and other real estate activities in the area.
The most sufficient and accurate property evolution would include an appraiser report, but some people who might want to avoid this expanse can look around and check out the prices of similar properties in the area. A real estate agent who works in the area could be very helpful in evaluation of properties as well.
We welcome you to contact us, to meet without any obligation and to start off your real estate journey on the right foot. Lily Lewit who runs the office has almost 3 decades of experience.
Contact us: 052-5248930