Monthly Archives: October 2018

Points to remember while buying the real estate property

property valuation experts

Buying and selling of the real estate property market is an arduous task, especially who are new and naive to the property industry. The dynamic nature of the real estate property world and its dependable factors affect the property market. Thus buying and selling of the real estate properties need tremendous knowledge and experience. Though you can hire the home valuers to evaluate the actual market value of the property in which you are interested. But being a buyer or seller you should remember some points in your mind. So here in this blog post, we are revealing the tips which are beneficial for buyers –

Tips for buyers –

Do your research well – First, understand your needs and what kind of home or any other property you want. Prepare your must-have list. Try to understand the market trends and current condition. Study the demand and supply ratio while buying the property. If you can’t do this all you can hire the home valuer who knows all the ins and outs of the property world. They can help you well to find your dream home or the type of property you want.

Don’t wait for an ideal condition – It’s imperative to understand that the property market is dynamic it changes so fast. So it’s sheer stupidity to wait for the perfect time and an ideal situation. There is no perfect time for buying a property. When you find the property of your choice and it suits your pocket then what you are waiting for? That’s the right time to buy the property.

If you won’t do so, you would lose the genuine buying opportunities. Even it is advisable not to waste your time with any non-viable vendor who is not passionate to sell the property.

Go in auctions – Many good properties are sold by auction, so it’s wise to attend the auctions. Understand how it actually works, bidding strategies and ways and set yourself for the bidding to grab the buying opportunities.

Think about the present opportunities – Lamenting over past opportunities that are gone away is foolishness. Better to concentrate on the present what you have. Oscillating between the past and future is not going to take you anywhere. It’s good to focus on today’s chance and try to grab the one if it is in your budget and of your choice.

Take rational decisions – Buying a property means the involvement of huge amount of money so it’s vital to take judicious decisions. Don’t lead your emotions over your rational thinking otherwise, you won’t be able to take the right decision.

An ideal property is the one which is at the right location, spacious, all the basic amenities, proximity to public transportation, hospitals, religious places, schools and blessed with basic facilities with enough natural light and air.

Well, to find the right property take a suggestion from home valuers to buy the right property. They know the home valuation techniques and can evaluate the right value of the home. Thus while going for an open house inspection you can take the home valuer with you.

Contact us to get the best home valuation services. We have team of expert home valuers.

The core advantages of living in the townhouses

Sydney property valuation

When the need of a home generates everyone suggests buying is a better option than renting. But it’s not easy to choose the home type among many options. As many options are available – an apartment, condominium, single family homes, multi-generational homes, penthouses, townhouses and many more.

Though you can take suggestions from the home valuer as they are the property market experts and know well about what is more beneficial to buy.

Today in this blog post we are going to reveal the advantages of living in the townhouses, before this – Know first what is townhome.

A Townhouse or townhome is located in a modern housing development, it is built on a small plot of land. It’s a multi-storey house which is shared by walls and attached to one or more similar houses. Townhome community is regulated by HOA (Homeowners Association) which sets rules for the community for proper maintenance of the exterior part of the property and whole community.

Here are the advantages of living in a townhome –

Affordable – While buying a home you want value for money. You want a home which fulfills your need and suits your pocket. Townhomes are the one which provides you such facility. “Townhomes are easy to afford in the locality where buying a single family home at affordable rates in that locality is virtually impossible.” said by home valuer.

Low maintenance cost – If you don’t want to spend your weekends in maintaining your home then townhome is a great option to go with. You have to maintain the only interior of homes. Homeowners association will maintain the exterior part of the home. You get a home yard in front or back of your home and the best part is you don’t have to maintain, all will be done by HOA whereas in single family and multi-generational homes you will not get such huge advantage.

Split level design – Townhouse bestows you to have your own space. The split level design of townhomes makes your life more comfortable. When the living area is separated by the bedrooms and it is on the top floor where you can relax comfortably and children can play downstairs which gives a sense of comfort where single storey family homes don’t provide you such facilities.

Location – It’s pretty obvious while buying a home you want the best location where proximity to schools, workplace, shopping centers will be easy. Overall location matters while buying a home. Townhomes tend to be situated in convenient locations where you can find plenty of amenities – such as the local market, shopping centers, dining and restaurants, and entertainment hubs.

The sense of community and togetherness – We as a human feels secured when we are surrounded by more people or our tribes. This is something appealing about townhomes that it is situated in the community you will have dozens of people within a stone’s throw. This makes it easier to develop a sense of community and togetherness.

These are the advantages of having a townhome. If you are looking for a home and finding difficulty in choosing the best one among the available options then you are at the right place. We have qualified and experience home valuers to help you.

Feel free to contact us for the best home valuation services.

How to find the next hotspot property

expert property valuers Sydney

Property experts suggest – Buy a home in undiscovered hotspot especially when you are buying it for an investment purpose as it is easy to afford and expert property valuers expect – “Hotspots will give good returns on investment”.

In this blog post, we are revealing the secrets – How to find the next hotspot property. Before anything first understands What is Hotspot?

Hotspot is the underperforming suburb, location or area that is unpopular among the buyers. These areas haven’t grabbed the buyers attention like the blue-chip locations. The hotspots are found near the popular areas or suburbs. When these popular suburbs become expensive then people tend towards hotspot that is unpopular and affordable.

Here are the tips to find the property hotspot –

Golden triangle concept – When you are buying a home, comfortable living is in demand three things are there – live, work and play the distances to reach these three places from home should be less. Ideally, workplace, entertainment hub, and lifestyle options should be easy to access. The availability of public transport to reach these place makes it a good hotspot. Property valuer says – “People usually prefer to travel 5 km (maximum) from their home for reaching work place, shopping, and entertainment”

Infrastructure Influences – When infrastructure improves it brings the hike in hotspot property prices. The improved infrastructure like development near the area, new roads, malls, greater connectivity, recreational facilities, hospitals makes it a good place to live in. As improved accessibility puts the direct impact in the livelihood of the suburbs. If any new supermarket is going to build in any location then its a clear indication of future development. These supermarkets are built after the great research and investigation. Try to grab these opportunities the home prices near such area will be low at the initial later there is an increase in their prices.

“Smart investors immediately start their search for viable properties in such area as they know supermarket will bring the crowd there and then in a future home will be required in these areas.”- said by property valuer.

Find catalyst – The another way to find a hotspot property is to find an unexpected catalyst. Some Instances include – Industrial property developments and Universities. The establishments of these two unexpected catalysts that – When they begin their construction will require large numbers of homes for their employees, workers, or students. Mostly the universities and Industries don’t disclose any news of its development and thus general public becomes unaware of the development, and only people of the surrounding area will know that something is up in the wind even they aren’t sure of the news sometime when the area is boarded up and construction begins. Investors grab these opportunities to make money.

It has been observed these areas property price rates go high in the future and even the owners haven’t have to face any tenant shortage,

Thus one can find the next property hotspot. You can hire a property valuer too. They know all ins and outs of the property market and can evaluate the property value accurately.

Feel free to contact us for best property valuation services.