The Three Types Of Estate Agents Valuation, But Which Is Right For You?
There are three main types of estate agency valuations, and whether your just curious or looking to sell you home in the near future, there is an option that is suitable for you. Let’s explore these in more detail in this article 👇
Computerised Instant Valuations
Automated property valuations use mathematical modelling combined with data. These tools calculate a property’s value at a specific point in time by analyzing values of comparable properties, they also take into account current asking prices, previous surveyor valuations, historical house price movements and user inputs (e.g. number of bedrooms, property improvements, etc.).
This type of valuation provides basic details and gives you an approximate price in 60 seconds and offer a valuation range depending on your homes condition. - perfect if you're just curious about your homes value. These valuations are accurate in around 80% of cases.
Expert Digital Valuation
A digital or remote valuation comes without the need for an agent to come out and visit your property, you provide details of your properties key selling points and any improvements you may have made. You can also upload some photos for the agent to review and using their expert local knowledge and taking into account current market conditions, the agent can then send you a more detailed valuation report, usually within 24 hours - perfect if you’re looking to move within the next 12 months. Digital expert valuations are accurate in 90% of cases.
Traditional Face To Face Valuation
A traditional home visit.
In our valuations we will talk to you in person, inspect and discuss your property and any improvements you may have made. Using our expert knowledge, and comparable data, we will provide you with a price and a marketing plan, detailing how we intend to achieve the best price for your property - perfect if you're looking to move within the next few months and 100% accurate.
If you would like further information on our valuations services or if you would like to discuss any property related matter please contact us on 01777 808777, email hello@nicholsonsestateagents.co.uk or fill in the contact form at the top right of this page.