What estate agents look for when valuing a property
There are many factors estate agents take into consideration when it comes to valuing a property. Most know exactly what to look for from the size of the property, the layout of the kitchen to the décor and presentation. Here are some points that will add to the value of a property.
Size of the property
Families are obviously looking for sufficient space to accommodate everyone comfortably. Couples or singles may want less space. Estate agents will consider each property they advertise for sale and who it should be marketed to. If a home is rather on the small size, could an extra bedroom, study or conservatory be added without any hassle?
The kitchen is usually the hub of the home. Size and layout of a kitchen are usually the main factors taken into account when selling. Is the kitchen modern, spacious and homely? Is it big enough for a family either to eat in or relax in? These are just a couple of questions estate agents like to have answers for.
Decoration and presentation
On entering a property, the decoration and presentation are what greets them. It is very important to make sure the décor is fresh, clean and inviting. Make sure stained carpets have been cleaned and any tears in wallpaper are repaired. Even small problems such as these can reduce the value of a property.
En-suite bathrooms or a second downstairs bathroom is definitely an added bonus to a property. The more bathrooms there are, the better. Many families like to have more than one in their home.
The local neighbourhood
Estate agents often assess the local neighbourhood when valuing property. Is access good for local amenities like schools or shops? Is the road the property is on busy and are there parking restrictions? Is the area well maintained? Are transport links close by with easy access to trains and bus routes?
Outdoor space and gardens
One of the first things a property valuer notices when approaching a property is the outdoor space and garden. Is the garden neat and tidy? This certainly adds value to any home, especially south facing gardens which are extremely desirable. If there’s no garden, is there a back yard or balcony for a future homeowner to relax?
Features that stand out
When valuing a property, estate agents will look for any features that stand out. Unique wooden beams, a log burner, period windows and doors as well as a private garden are always a focal point. Distinctive property features like a ceiling rose, chair rails and cornices always catch the eye.
If you are thinking about selling your property now or in the not too distant future, get in touch with us here at Bricks & Mortar. Alternatively, give us a phone call or why not pop into our branch office? One of our experienced team of advisers will be more than happy to help or talk through the process of selling your home.