Property valuation: how it works
Manage episode 216286777 series 1084647
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If you’re about to sell, buy an investment property or refinance your existing mortgage, chances are you will need a property valuation. In this episode Mark Attard, FinancePath managing director, chats with one of Australia’s leading property valuers Jennifer Shellard of Opteon Property Group. They cover: • How property valuation works; • Why (and when) you need to have your property valued; • Tips and tricks to get the best possible property value price • What property valuers look at including land size and land value, natural light, renovation, the quality of the fit out, street appeal, landscaping and more; • The difference between a full property valuation versus a drive by or desktop valuation; • Misconceptions and mistakes in what information you should provide your valuer; and • What you need to know about valuation ranges. For more property investment advice, don’t miss this month’s blog: How to finance your first investment property.
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