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Amazing tips to find a right home for you

Buying a home is a dream. Having your own home is a bliss. But finding the right home is a tough and daunting task. As being the first homeowner you aren’t aware of the pros and cons associated with the particular type of the home. You get confused when exposed to different types of the home. Sometimes understanding own needs become difficult for the new home buyers. Though you can take the suggestion from the property valuer which one is best for you. But before this know what kind of home you actually want.

Home location is vital – Some people want to live near sea beaches where they can enjoy the serenity. Some want home in the city area, whereas some wants in outskirts. The home location matters a lot. All come with their pros and cons. It is up to you which would you like to have.

As home in suburbs or outskirts are less cheaper than the homes in the city area or at prime location. Allows you to live peacefully. Connectivity issues on having a home in such areas take more time to reach the town or city area.

The homes in urban areas are closer to commercial areas, shopping malls, city areas where markets are at walking distances. But these kinds of home are more expensive as they are available in the city area or at prime location. Homeowners of city homes have to face noise pollution which can make their lives miserable, and higher crime rates also affect their lives.

Home in busy streets are cheaper but it is quite a big challenge to live their peacefully as the noise level can disturb your lifestyle.

Home types are also important – There are many types of homes presented. Choose the one which is best for you.

Condominiums and townhomes are less expensive than single-family houses. Less repairs and maintenance required. The owner can adapt lock-n-go lifestyle easily. But the cons are condos provide less privacy, no balcony and private yard makes life miserable.

Single or multiple stories – Single home stories are easy to clean and good for patients. While the multiple home storey building allows every family member to live the life they want. More home corners allow people to live the life they want. But in single home storey living room television noise can interrupt the people in the bedroom. Whereas people with double or multiple storey homes need not face this kind of issues. Privacy is valued in multiple storey homes.

Number of rooms and bathrooms you want – Look for the home which possesses the desired number of rooms and bathrooms. This is something depends upon the number of family members. Understand your requirement first and then choose the one which suits you completely.

Looking for a property valuer to help you find the right home at the right price. Contact property valuation Sydney for best property valuation services. Our expert property valuers are happy to assist you.

5 Methods to Estimate the Market Value of Your Property

Establishing a property worth has several benefits from sale listings, giving you control over your insurance premiums, property taxes and the refinancing of your home or property in general. Most homeowners hire professional appraisers or property valuers to find the estimate of their properties in the real estate markets. This is good, especially if you don’t have time to do it yourself. However, there is no reason why you cannot do it for yourself. The following methods are used by real estate valuers to estimate the value of your property.

How can you estimate your home valuation?
There are a variety of ways you can use to estimate the value of your home. They include:

Property Valuers or appraiser
A home appraisal contains the written home value estimate. The property value is determined by the market value and your price.

Comparison of sales approach
The comparison of sales approach is a property valuation method used for single-family home valuation and land. This method is also referred to the Market Data Approach. Home valuer compares the recent sold properties price with your property to get the estimate of your home.

Comparative market analysis
The CMA, as known in the real estate industry, is similar to the comparison of sale approach. The method is conducted on your property through and detailed analysis performed by a real estate valuer before they come up with the estimates of your home. The criteria followed by this method include:

  • The same number of bedrooms and baths
  • Similar upgrades or updates
  • The Same Location
  • Same Square Footage
  • Same Residential Style

Income capital approach
The Income Capital Approach involves the relationship between the required rate of return on investment by the investor and the net income the property produces. The kind of property valuation is applied to commercial properties, apartments and office buildings.

Home valuation sites
The other method you can use for your home valuation is using house value sites. These sites have estimator tools and resource that can help you find your home value estimates. Sites like Zillow, Realtor.com, property Shark and Trulia are good for the property valuation.
There are other various ways for home valuation. Whether you decide to use a real estate valuer or use the site, property valuation should be the first step before selling your home. During the process, you can a question and discuss with the profession in the case of unsatisfied assessment.