Monthly Archives: August 2018

Interesting facts about the best property valuer Sydney

We offer property valuations in Sydney and surrounds

It’s pretty obvious when you go for the property valuation services – you would look for the best valuation service provider. Here in this blog post, we will tell you what the best property valuation service demands and how Sydney property valuer is providing it flawlessly.

The property valuers profession is a challenging one. As the property value is dynamic and its influencing factors like market condition, economy, supply-demand ratio fluctuate so much. So the deep knowledge with good analytical, observational skills of the property valuer is must to find the right value of the property.

Here are the qualities a best property valuation company should possess –

1. Expertise and experience matter – From last how many years valuation services have been provided by the company. Remember the experience matters. Hire the experienced valuer like property valuer Sydney easier it would be to get the right value of the property. As in the field of real estate property valuation, it is difficult to find the alike properties. So the big challenge is to calculate the right value of the property. For this expertise is the must. Naive finds it difficult and tedious.

2. Provides a wide range of valuation services – Best Property valuation company offers the valuation for various property types like – residential, land, commercial, industrial, agricultural land etc. Thus for any type of property, you can get the solution. It should be like one-stop for property solutions.

3. API Registered – Valuation company must be registered under API (Australian Property Institute). So the valuation reports released by the company can be accepted by the government and law court to solve the various issues like legal, matrimonial, property disputes, family issues which are related to property can be solved by keeping the property valuation reports into consideration.

4. Solid fundamental principles – Honesty and unbiasedness are the two major principles valuer should possess. Because biasedness leads to wrong valuations which are against the fundamental principles of the property valuation company. Honesty should be there that the valuations reports and results will not be disclosed by anyone, valuer should not misguide the property owner otherwise it leads to serious financial losses to the owner.

5. Pocket-friendly fees – The services provided by the valuer is chargeable as it is a professional service which demands time, resources, money, and efforts. But the prices offered by the property valuation company should be pocket-friendly. So it won’t harm the clients pocket.

6. Provides favourable advice – Apart from valuation services, expert property valuer should provide the best advice to the client. Like renovation and little improvement in kitchen and bathrooms can increase the property value. Sell property after 2 months can give you good returns, Rent the property to youngsters can give you a good rental amount. The advise which increases the value of the property should be given the valuer in order to give advantage the client

These qualities should lie in the best property valuation company and property valuer Sydney is capable of providing such services and owns these qualities. Seeking the best property valuation results, contact property valuation Sydney the best one in town. Feel free to contact us our experts are happy to assist you.

Know what you don’t know about House Valuation Cost

Land valuation in NSW for land tax objection purposes

People invest in real estate property to earn the good profit for this property valuation is must to take the right decision at the right time to crack the deals in real estate. House valuation is vital to make any decision related to the property. No matter for what you want to do – selling or buying the house, to keep the house on rent, for financing, to know the loan installments, insurance payments, you should know the value of your house and for this property valuation is important.

“Invest in property valuation services to get the good ROI”.

Though there are various types of properties and lands present for which valuation is required like – lands, residential buildings, commercial buildings, rental buildings, public buildings, government buildings, educational buildings and more. For every and each type of property the property valuation is necessary and provided by the valuer.

To avail, the services of property valuation one should know the cost should be paid to get the house valued. The charges of the property valuation may vary as it depends on the several factors like –

Experience – The expert and skilled property valuer cost more than the beginner and navie one costs. As experience matters.

Property value – The fees of the property valuation depends on the value of the subject property. Some valuers charge according to the percentage of the total value of the said property.

Type and size of the subject property – For residential, commercial, industrial property it varies. Remember, the bigger the property size, higher the valuation fees.

How much detailed valuation is asked by the clients – Some clients asked for the detailed property valuation for which valuers charges high.

Locality and area of the subject property – Where the property is situated. If the property is near the city area and posh area then surely it cost high and the charges of valuing it will also be high.

These are the factors on which the property valuation cost or fees of the house valuer depends.

But the good news is there are the companies who are offering services at the low price or at no price. Yes, some companies won’t charge you for providing the property valuation services.

Whereas for some companies the property valuation cost also relies upon how much detail in property valuation report is needed. When asked for a more detailed report, the cost will increase. It all depends upon the property valuation company you hire to estimate the fair market value of your property. There are companies who costs reasonably when asked for property valuation like property valuation Australia.

Paying fees to the property valuer for valuation services people assume it as an expenditure but it is an investment as valuer not only finds the value of the property or house but also suggest the valuable tips which can increase the value of the subject property.

Before selecting the property valuation company, check these qualities possessed by the property valuer –
– Years of working experience.
– Provides an accurate solution to every property related queries.
– Potent enough to provide timely and affordable services.
– Should be a registered and authentic valuer.

And we are happy to reveal that our property valuer possesses these qualities and offers services which suit your pocket.

The process to evaluate the property value in Sydney

We only employ expert commercial property valuers

Determining the property value is not an easy task. The professionals like property valuers Sydney should be hired and paid for this. People see it as an expense but truly it is a smart investment. Overall you are getting something worthwhile and that you should aware of. Yes, knowing the actual value of your property is a boon. You must know the right market value of your property. It can help you in paying taxes, buying, selling, renting the property at the right price. So you can make the right deal and earn the profits.

The basic process of property valuation –

Property valuer Sydney uses various methods to evaluate the property value. The basic process is first they investigate the property minutely, collect the data related to the building or subject property or house which includes – Property type, size, location, information related to neighbourhood, amenities associated with it,

Information related to the renovation and improvement done in the property, age, and condition of the property, rooms and bathrooms available, building material quality and type of structure and design and more.

After collecting these pieces of information, then find the comparables and make some calculative analysis consider the local market condition and trend to find the value of the property or house. Which valid for three to six months.

There are various methods to determine the right market value of the house or property –

Kerbside valuation method – In this process, the property valuer will inspect the property or house from outside. No internal inspection of the property is involved in this method. Valuer gathers the data like information related to the surrounding development and find the comparable & note the environmental issues related to the property. Then finds the value through automated valuation model which is a computer generated assessment.

Desktop valuation – In this process property valuer will use the computer and collect the data
and find the property value simply with the available information. The valuer will need not to move from the desktop all can be done by sitting in the office only.

Full valuation – Full property valuation will involve the complete inspection of the property, valuer collects all the data and observes the subject property very minutely. Which includes internal and external inspection. Also collects the pictures of the property. Property valuer will assess the size, location, neighbourhood, shape, topography, also checks the environmental impact on the subject property.
The valuer will measure the size of the land and building, check the number and type of rooms and bathrooms, the property age and condition, its design and layout, and any unique characteristics that could affect and add the value to the subject property.

They also study the market trend, condition, previous sales history and

Calculate the land, property value and deduct the depreciation cost of the property, then evaluate the right market value of the property.

These are the methods used by the property valuer Sydney to find the accurate value of the property. If you are looking for the best property valuation services Sydney then feel free to contact us.

Our experts and experienced property valuers Sydney are happy to assist you.

Co-living spaces soon-to-be-launched in Sydney

Certified property valuation reports in Sydney and NSW

The good news is – In a couple of weeks the co-living properties are all set to start in Australia. As the lots of property investment companies in Australia are curious to reveal its co-living projects in the cities like Sydney and Melbourne.

People believe a co-living space property as – “A shared living space that boosts quality life of its residents or the people who live there.” disclosed by Sydney property valuer. The co-living properties are either owned by a landlord or as a joint venture where units are not to sold out, but to put on rent for longer terms.

In the co-living spaces, the people used to share the living, dining,working, playing and kitchen area but the rooms and bathrooms are privately allotted. The majority of the co-living spaces are offered on the weekly and monthly basis. And on demand the provided for longer-term leases.

Co-living spaces are the best place for creative minds as they can live and work in the same place. It is considered as it helps to improve the personal and professional growth. Also, it upgrades efficient and affordable living, by enhancing the creativity of people and connection with the community.

The culture of co-living spaces is present in Europe, Africa, Asia, America, The US and the business running their properties as a co-living space are doing well. So now it’s the turn of Australia to get the benefits of this co-living culture.

In Ancient times, Human lives in groups, tribes, and communities for years, but as the time passed away this culture was eliminated because of industrial development. So the initiate towards the co-living spaces is a new modernised way to pursue the ancient ritual.

Property valuer Sydney of co-living spaces think – “In this way, more people with same intellectual level can live and have fun together which helps them in their overall growth as an individual and as a community both.”

Property valuers Melbourne observes people say – “Living and working in the same area makes them bore and less interesting. Which puts a burden on work-life balance”. Whereas this not the issue with creative beings. So the co-living space is the best place for creatives.

The cities like Sydney people are making their lives complex by compromising on the work-life balance. The aim of the co-living space owners or business runners is to revive the lives of people by providing the basic facilities like homes, working environment like offices and community areas to enjoy the rest of their time as happy human being.

Co-living space is a place where people can eat, sleep, live, learn, work and play. Where everyone lives as a community and gives a true meaning to their lives.

After receiving some clues from the Sydney Property valuer co-living property owner – the co-living property will soon out in the market for people in the inner Sydney and Melbourne suburbs. It is also termed as a build-to-rent model, this kind of properties comes under long-term growth.

The demand for such co-living place is high as people from Australia are taking such experience from overseas. The interest of people in such properties in this sector is not an issue, but affordability can be.

Is there any difference in property value and property worth?

Offering family law court of NSW property valuation reports

Buying and selling of any property in real estate bring two terms along with it, which creates confusion among the people. So here in this post we will tell about those two terms i.e – Property worth and property value.

“Property worth” is the term used to denote the cost of the property in monetary terms.
Whereas “Property value” is the broader term that is enclosed by the cost and emotional feeling attached to the property. It can also be understood as “importance”.

Property’s worth can be estimated based on the comparables and market data, there is no need to visit the real estate property.

But while finding the real estate property valuation, viewing and assessing the property becomes necessary. It matters a lot to check the condition of the property and knowledge of the market condition.

Property worth is the cost decided between the willing buyer and seller at which they are ready to make the transaction. Supply and demand plays a vital role in determining the price or worth of the property. When supply is high, demand decreases and price of the property decreases.

When supply is low, demand increases and property price also increases.

When we talk about property’s value then it is an opinion for the property at which it would sell for taking the features and benefits of the property into consideration.

Say for the worth or price of a house is $ 1,50,000 but its value may get varies.

As the house owner may feels that open living area with side pool may carriers more value.

But on contrary the buyer will not find it more useful and place less value for it. Value varies among the buyers. For example – Some place near the airport, values more because family members have to travel frequently via air. So the place near the airport values more to them not to the others. On the other side a buyer does not know the how to drive and does not possess any vehicle then for that buyer property near the bus line or from where public transports are easily available is more valuable to that buyer.

The word “Value” in real estate indicates the significance and importance of the property. House that you have built may carries more value to you because your heart, money and resources are involved in it. But to other it may not carry such significant value as for him it is a materialistic property made of concrete and cement.

There are two “Values” in real estate –

Appraised value and Market value are the two ways of determining the property value.

Market value of house is valued by the professional and qualified property valuer, who takes the complete inspection of the independent house by keeping the market condition into consideration and then evaluates the accurate house value with the help their knowledge and strong analytical skills.

Whereas as appraised value is estimated by real estate property agents who are not qualified valuers. Just on the basis of experience and previous sales history they predict the property value. Which is not authentic one.

Residential Property valuation is imperative for right financial decisions. So it is recommended to have the house valuation or property valuation with the experienced property valuer who possess the great working experience and updated market knowledge.

How much is the actual worth of my property today

Call Sydney Property Valuers now to speak to an expert

The actual worth of any property can be estimated by the expert and professional property valuer not by your real estate agents. There is a misconception among people that –

Why to hire a property valuer, when we have a real estate agent with us?
Why to pay a property valuer when on a single request you can know property value from agents?

Guys, there is something vital you need to understand. We would start from the basics – There are two terms property value and property appraisal.

What’s the difference between Property value and property appraisal –
The difference between the two is – One is the professional way to know the value of the property whereas other one is not the professional way.

Property value is the current market value of the property keeping the influencing factors into consideration, it is calculated precisely by the professional who is expert in this field. This profession requires knowledge about market conditions, good analytical and judgmental skills, keen observer, can study well the previous sells history and work experience. Thus the valuer can draw the accurate property valuation figures along with the detailed property report which carries the complete information of the property that is valued. Even for this professional service, you have to pay valuer’s fees.

On the other side, property appraisers are the real estate agents who can predict the value of property by experience and previous sales. Neither they don’t do much calculations nor they are going to provide you a property valuation reports. In general they don’t charge any fees just on a request they provide their appraisal help.

Now the question arises – How much is the actual worth of my property today?

Why ‘today’ is being added in this? Once you have find out the property value than what’s the need to evaluate the property again?

Property value is the number value that is inconstant in nature. The obvious reason behind this is, it changes frequently. Reason, the factors on which it depends changes. So directly it brings an impact on property valuation figure.

That’s why whenever you think to sell the property think about the valuation services first, ask the valuer to find the current market value of your property and then sell it accordingly otherwise you may have to go through some financial losses.

Find some valuers in your town, ask them to visit your property and with in a week or few days they will give you a complete property valuation report which includes –

  • Address with pincode of the property.
  • Name of the property owner.
  • Council Zoning of the property.
  • Location and neighbourhood of the property.
  • Description of the building and premises.
  • Additional facility available in the property
  • Renovations details
  • Colored pictures of the building.

Knowing the right value of your house is a boon. As it contributes in making the financial decisions. Otherwise, it may leads to financial losses. Hiring a valuer is an investment you make to get good ROI. So Hurry up.. What you waiting for? Contact property valuer and know the actual worth of your property today.

How do Housing values in Australia across its cities varies

Our valuers are local and provide certified property valuations in Sydney

Whether we talk about spending money in real estate or an increase in the price of goods in Sydney. The state capital of New South Wales and the expensive city of the Australia i.e Sydney is forward in the race. Leaving the Melbourne, Brisbane, Adelaide, Perth behind. Earlier the Western Australia was there in the place of New South Wales. People were more likely to invest in Western Australia in the real estate properties.

The current reports exhibits the fall in the dwelling values in Sydney, the major change is seen in premium cost. The value of housing property in Sydney is comparatively higher than the other capital cities.

Over the past years, the house values or property values have increased in New South Wales, the rate of growth has decreased, particularly within nearby regions of Sydney – Newcastle, Illawarra, and Lake Macquarie and Southern Highlands and Shoalhaven. These regions have been perceiving dwelling value and land value growth over the recent years and along with this they are the only regions where long-term average value is lower.

Finding the major reason behind the Sydney’s rank is the increase of the dwelling costs which is raised significantly in the recent years. The large share of household spending is in housing that makes Sydney housing prices high. The Perth is come out as very slow when it comes to increase in prices of foods, transport and communication.

Financial affordability is the prime factor in Western Australia. People over there are spending less, cause of financial pressures.

On comparing the Melbourne Housing values with the other capital cities of Australia except the expensive city, Sydney, it is observed that the median dwelling values and property values in Melbourne is higher than other cities.

The reasons why the dwelling or housing values to the cities like Sydney and Melbourne have raised over the years because of the following reasons –

  1. People are more likely to settle in these cities rather than others.
  2. Increase of foreign investors.
  3. Low mortgage rates.
  4. Increased demand from Investors
  5. Stronger economic conditions than other cities of the country.
  6. Availability of accurate of property valuation, home valuation and land valuations services.

According to a report, the property values and land values will continue to decrease slightly in the major cities of Australia like Sydney and Melbourne. Though these cities have been under the interest of the investors and the maximum growth is also seen in Sydney.

Now the property owners in Sydney are planning to earn profits by selling their properties at high rates by having the right property valuations from the property valuers.

The other cities of Australia started raising, Hobart becomes the first in among all cities.The 1.2% raise in April 2018 and 3.6% increase in property values over the quarter period of a year.

It is estimated that – “The property values increasing nearly 13 % on the annual basis over the past years now, The Hobart housing values are recorded high, against a low level of income growth.”

Darwin and Perth’s market opportunities –

The Property market which have suffered a lot, may exhibits some buying opportunities in future. Though the little positive change can be seen in the growth of the property market in Darwin and Perth.

In the month of April 2018, Darwin’s housing values raised 0.6 percent, and in the last quarter it was noted 0.7 percent. It is first positive and noticeable result. But the property market has dropped down to 7.7% in last year.

The fact is the marketers are not concentrating well on Darwin’s market. Similar in the case of Perth. Four years ago the Perth market was at its peak but 11 percent fall has been seen in the past years.

The income factor should higher than living costs because in the cost of living, housing cost and property value is great single living cost for the Australians. Policies should be made that helps in housing affordability.

How property valuation is guiding people to take their decision regarding property?

We are known as Sydney Property Valuers

Property valuation, is very important as it helps us to know the right market value or worth of your property. It is a process which estimates the economic value of the property in order to make the good financial decisions.

Property valuer is the person who analysis the property and market conditions and
then determines the property value. The property valuation report carriers all the details related to the property through which you can make the financial decisions related to the property in a much better way.

Making the investment in real estate properties is a good idea and give an attractive option because you are quite sure to get good returns from real estate investments. This is pretty sure that value of the property is going to raise in the coming years, this is the major reason people want to invest in the real estate property.

If selling the property is not your choice, then you can put it on rental basis and earn a handsome income from it.

Above all make sure to have the right knowledge of your property especially to know the right value of your property is a must. For this hire a property valuer for your property valuation is essential. Make sure valuer should be unbiased, experienced, professional, provides services at affordable cost and provides accurate real-time reports of property valuation.

Property valuations is the process can be completed in a few hours or days depend upon the size and type of the property and kind of details required. The benefits of having property valuation are tremendous. Read ahead to know what’s your reason to evaluate your property’s worth. Whether you want evaluation for –

1. Residential buildings – houses, penthouses, multi storeys,
2. Commercial buildings – Shops, Outlets, Stores
3. Rental buildings – Flats, houses
4. Public buildings –
5. Government buildings –
6. Educational buildings – Schools, colleges, playschools and more.

Property valuation for all the buildings which comes under these categories can be done by the best property valuers.

Reasons behind property valuation may varies –

  1. When you are planning to buy a new home or a property.The pre-purchase valuation of the property should be made to know the right value of your property.
  2. When you are selling your home or property. The pre-sale valuation should be done in order to sell your house at the right price.
  3. In case of property settlement, property valuations services are required for the matters like – legal settlement, to settle the family dispute related to the property, matrimonial settlement etc. In such case you should know the value of your property to resolve such cases.
  4. To know the current fair market value of your house for mortgage purpose.
  5. In case of property insurance claims, property valuers can help you a lot.
  6. For rental keeping your properties on a rental basis, you should know the right rental cost you can charge for your property. The property valuer can help you in this.
  7. For taxation purpose and transfer of property, property valuer play an important role.

Among all these, any could be your reason to have property valuation. It’s good to know the right value of your property. So guys, what you are waiting for? Hire a property valuer soon and know something and everything about your property.

Is like right property valuation is possible with the online property valuation tool?

API qualified property valuers based in Sydney

Before answering this question, We would like to know – Do you know you can estimate your property’s worth online? If ‘No’ is your answer then this will surely amaze you.

Yes, there are various property valuation tools present in the online world which assist you to get the property value. Most of them are free of cost. You need not pay any fee for using the online property valuation. Then this free type of property valuation is meaningful or not? Can you rely on such property valuation tools? Could it be possible to estimate the accurate property value via online property valuation tool?

This something tough to say that the online valuation tools gives completely right or wrong results.

How to get the property valuation result online
You have to give the information of the property like pincode, address, building type, condition, age,and some more questions related to the property which can help you to get the accurate estimated value of the property.

Why to use the online property valuation tools –
The most tempting reason to use the online property valuation tool is free of cost available. One of the easiest ways to calculate the property value and easily accessible too. It does not require much time, as it is quick in nature. In the initial stages of the property valuation, you can use online tools to get the idea, about the property’s value.

Whether you want to sell or buy the house, or you want to just want to know the right value of your property. Online valuation can be option for you to get the idea of the property’s value. Else it is not at all advisable to go for online valuation option only.

What you can do –
At first, you can go online and find some free property valuation tools and check the value of your property there. At least you will get an idea about property value. Then hire a registered property valuer and get the valuation done for your property.

We cannot rely on the online property valuation tool because the obvious reason is it doesn’t includes all the parameters before evaluating the property’s worth. The limitation of the online tool can not be ignored. So it is vital to know the opinion of the property valuer before selling or buying a property.

Why property valuers? Why not online valuation tool?

Though we are living in the techno world and growing everyday. But still there is no replacement of the human brain. One cannot ignore the capabilities and knowledge of the human beings. That’s why the online valuation tools cannot replace the property valuers.

Property and land valuers are the reliable one, they observe the properties minutely and then consider various factors like comparison of the property with alike one, consider the current market conditions, amenities associated with the properties, geographical location of the building, building type and more. And after all the study they find the estimate value by analytical skills and experience.

All these factors are not taken in consideration when evaluating the property value by online property tool.

How property valuation is helpful for making your home more worth?

We offer online property valuation calculations in Sydney

Property valuation. Does it sound like another big expenditure to you? Then surely you will get amazed after reading this.

Property valuation can increase the worth of your house. The advices given by the property valuer can help you to improve the look and feel of the property inorder get the right value of your home.

Just by making small amenin orderin the property one can get the increased value of it.

To Start with exterior – It includes front yard, garage, lawn and elevation of the building. These all puts the first impression of your property on the buyer. So, mow the lawn, remove weed and dead plants from the lawn, paint and repair the elevation of the building, Front yard should be well maintained in order to attract property valuers and buyer to buy your property.

Fix all defects – A small defect in the property like mark of water on the walls, leakage of water from the air conditioner, broken tiles, cracked windows, dirty walls, these all are the small defects for you but they are big for the buyers. It’s like a dent in a whole new car. So fix it up first and then ask the property valuer to visit your home. The repairment cost will not be so much, this is something you can afford, so it is advisable to invest small amount of money to get the big return on investment.

Keep the kitchen clean – This is something the most important place of the home. If you have enough money to renovate it, into a sleek and modular kitchen then you should try. Otherwise you can make it stain free and clean to attract the property valuers and potential buyer. Small upgrades in kitchen can bring big difference in you house and adds value to your kitchen.

It’s bathroom time – Small replacement like tabs, tiles can do wonders. A little replacement in toilet like change the dirty sink, tapware can impress the buyer. The small renovation or changes in the bathroom fittings can increase the value of your house.

Mind your floors – House valuers will notice your floors while entering into your house. Keep this in mind to change your floor or replace your carpets to attract the buyers.

Store room – The extra room that is always needed by the buyer to keep the things there. If you have one in your property then ok. If not, then add the one so you will get the more value of your property.

Paint it well – The white colour in the interior makes the house more spacious and big. A single stroke of paint can add new life to your old house walls. And believe us it won’t cost you much.

Use of what you have – No matter, what you have. It’s important to show it wisely. Overall presentation matters. If you don’t have much space for garden n all, choose vertical gardening. If you have backyard space turn up into outdoor living area is a commendable idea.

With smartness and following the above mentioned tips you can increase your property’s worth. The property valuers will definitely give points to your all such efforts.

Want property valuation of your house?Contact home valuers soon, to get it done.

Which key factors impact property valuation?

All our property valuers have a minimum of 10 years experience

Property valuation, that is something very important, If you are planning for real estate investment. Getting the right value of the property is very essential otherwise you may have to face financial losses.

No doubt, property valuation or house valuation is a tough task. For this expert advice will be needed to find the right worth of your house. So it is good to hire an experienced property valuer like sydney property valuation to find the actual worth of the your house.

This time we will tell you about the various factors that influence the property value like anything –

Availability of land near property –
The property valuation graph reflects the low value where ample land is available for residential or commercial development near property in comparison with the area where there is scarcity of land.

Demand and supply of the property –
Supply and demand are the factors which affect the value of the property. Higher the supply of the real estate property lesser the demand(in maximum cases, not in all). It is inversely proportional to the each other.

Supply is something that is fixed especially in case of real estate at least for particular time. The demand is the dynamic in nature, that changes. When the supply is fixed then demand increases. Ultimately leads to increase in the property value.

Location of the property –
Where your property is located? Matters a lot. The commercial area buildings cost more than residential area buildings. Same as the developed area property’s value is higher than the less developed area property’s value.

Location is the most influencing factor in the property’s value. The same property costs different prices in different areas.

Amenities – The property’s value is also depends upon the availabilities of the facilities and necessities around the property building. Example – the transport facilities, swimming pools, gym, general stores, religious buildings near property, parks, parking lots and more. Having all such amenities increases the value of the property along with good infrastructure influence the property’s value too.

Size of the property – How large the land of the constructed area and open area is? Larger the space greater the value of the property. Size matters a lot while evaluating the property’s worth.

Type of property – Property you have is for commercial or residential purpose or both. The commercial property building brings more value than residential buildings. Age of the property also plays an important role in property valuation. Whether the property is older with ancient historical importance or new property with great elevation and smart interior.

Customization – When you asked the real estate agent to modify the building as per your requirement, the value of the property increases. Modifications like upgraded or modular kitchens, terraces or verandahs connected with the apartments, specifically added internal stairs in duplex apartments, Washable paints and wooden flooring, or other user defined changes increases the cost of the property.

These are the key factors that influence the property valuation or house valuation. To get the great deal make sure to check these above mentioned factors and work a little to get right value of your property. As property valuation cost is the little investment you make to get good ROI (return on investment).

Hiring a property valuer is a boon. Your search for the unbiased and honest property valuer ends here with property valuer sydney and get the accurate reports in real time with property valuation sydney.