1. How To Work Out What Your Home Is Worth
1. How To Work Out What Your Home Is Worth (Image 1 of 6)
If you think that there is only one price for your home, then you are wrong. Every property has a different price, according to who’s valuing it and how much a buyer is willing to pay for it. Here are five ways to value yours.
By Kate Faulkner
Understanding how a property is valued and better still, being able to value a property yourself, is essential if you are buying and selling a home. The valuation you can calculate will only give you a guide as to the minimum price it might be worth and the maximum you might, if you are lucky, get for it.
The professionals value a property based on similar properties that have sold in recent times, typically within the last three months. They then assess the difference between the home you may be buying or selling and the other properties that have been sold and adjust the price upwards or downwards, whichever is appropriate.
If you need help valuing your home or one you want to buy, then visit Designs on Property.
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Thinking of buying or selling? Find out what's going to happen to house prices in the coming year
Our presenter could be popping round to your house for a consultation and a cuppa
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