Market Appraisals: What you need to know.

If you’re considering selling or letting your property, the most important thing you want to know before you start is how much it is worth. If you’re planning to move home, you need to know your budget and be able to create a realistic expectation of what you can afford.

So how do you go about finding out the price tag for your property?

Belvoir Corby offer no obligation, free market appraisals. The team in our George Street branch are hugely knowledgeable about the local market and the sort of price certain types of properties can command, whether they are detached in Oakley Vale or a flat in Little Stanion.

What is a Market Appraisal?

A market appraisal is a subjective assessment of a property’s value by an estate agent after they have inspected the property.

This tends to be an informal, rough estimate of value, or a price range which the owners can then consider before putting their property on the market at their chosen price.

It is more of a guide price in order to manage sellers expectations, and is decided upon using recent property sales data and estate agent experience.

What is considered?

In putting a price on a property, we look at a number of factors. Firstly, the size of the home and how much space it offers, including the number of bedrooms and bathrooms, and any opportunities to extend.

Secondly, the presentation and décor. Clean and well-kept properties will command a higher price than a run-down fixer-upper.

Next up is the kitchen layout and living space – the heart of the home. Will it house a family, a party, or is it perfect for a singleton?

What is the neighbourhood like? Is it close to local amenities? Is it well looked after by neighbours and stakeholders? Is it close to transport links?

And finally, a south-facing back garden is on many a wish-list, as is a garage or impressive view. Any other stand out features such as a balcony or summerhouse can also add to the value.

What is your home worth?

Did you know that you can book a free market appraisal through our website? Let one of our consummate professionals come and see your home, talk to you about its best selling points and tell you what it might be worth. Book today at – https://www.belvoir.co.uk/corby-estate-agents/valuation/

Alternatively, give one of our team a call on 01536 261666.

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