How Do Estate Agents Value Your Home?

When it comes to selling your home, experts are here to help you. With years’ of experience, estate agents are here to find the best way to get your house on (and off) the market as quickly and efficiently as possible, whilst getting you the best price.

Have you ever thought about how estate agents achieve this? Find out the process of how estate agents value your home.

Research

Before valuating a property, agents will conduct thorough research regarding the area of the property, allowing them to put your home in context. Understanding the local market as well as process in specific areas is imperative.

To help, agents will research the latest sold prices of properties similar to yours within your area. Following this, agents will then research information about the local schools and amenities nearby. This includes public transport links, nearby supermarkets and anything that can help you in day-to-day life. These aspects excite a buyer which could add value to your home.

This thorough research allows your property to be valued quickly and accurately. 

Size the Property

One of the first things an agent will do when they get to your property is to look around. This allows them to understand the property, take a variety of measurements and note everything they see regarding the property.

Once an agent has looked around the property, they can begin to calculate an estimate on how much the property is worth. Due to their previous research before the initial property inspection, they will have a rough idea of the price per sqm!

Mark Walsh Estates have over 20 years’ experience, offering you the best advice on just about anything, from selling, letting or buying!

If you’re looking to sell your property, get in touch with the team today and they will be happy to help!

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