In this assessment of the value of a Property Valuation, the location is one of the important elements. It is obvious that if your apartment or your house is located in the city center or in a neighborhood of good reputation, you can expect a higher value .
If the same Property Valuation is in a small town with poor connections to large cities, the value can be between 40 and 60% lower than that of the property in the city center .
Certain elements such as the attractiveness of the area, the proximity of shops and schools as well as the feeling of security are also factors that lower or increase the Property Valuation.
For this estimate, the professional may also consider the layout, the plan, the year of construction, the equipment, the condition, the energy efficiency and the area of the building.
These are factors that can influence the value of the property . The latter can greatly decrease if the accommodation requires some renovation and repair work. This will also be the case if the result of the ECD of the property is not optimal .
How To Increase Your Property Valuation Value :
Therefore, before estimating your property, it is advisable to do all the work necessary to increase its value . You can therefore hope to sell your house or apartment for a higher price.
You have understood that even two identical goods located in two different places may not have the same value. Properties offering a beautiful view of a monument, the sea or the mountains can have a very good estimate .
If this is the case for your Property Valuation, you can also use this element as an argument so as not to lower the selling price too much. Properties with a pleasant orientation, in particular a south-east orientation or a south-west orientation, are very well evaluated .
An apartment located on a higher floor of a building can also be well evaluated. On these points, you will not be able to do anything, because they are elements over which you cannot have control. However, if you don’t want your property to be undervalued, you need to work on its weak points as well .