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How will your sales valuation help sell your house?

If you’re selling your home, it’s fair to say there’s a lot to think about – from finding an agent and booking viewings to setting the asking price and negotiating with potential buyers. And one of the first things you’ll need to arrange is a valuation.

 

What is a sales valuation?

A valuation is a key part of the sales process, allowing you to understand what your home is worth and where you should set your asking price. 

 

The valuation will take into account factors such as:

 

• How many similar properties in the local area have sold recently
• The condition of your property
• The layout of your property
• Any extensions and updates that have been carried out
• The national housing market

 

Why is a valuation important when selling your home?

There are a number of reasons why it’s important to get a sales valuation when selling your home:

Avoid underselling your home

When putting your property on the market, you must understand what its currently worth. Many sellers actually end up undervaluing their homes because they don’t know how much they are truly worth. Although this can result in a quick sale, with buyers keen to snap up a bargain, you won’t get the return on your investment that you deserve. 

Not getting the true value for your house may also impact your ability to buy your next property if you plan on using the money from the sale as a deposit. 

 

Avoid your home being on the market for a long time

Equally, if you think your property is worth more than it really is and, as a result, set the asking price too high, it’s unlikely that you will get much interest from potential buyers. If the property is too expensive, buyers may be put off from enquiring about your home or arranging a viewing. And, the longer your property is on the market, the harder it will be to sell. 

 

Avoid missing out on your next property 

If you’ve found your next property, you could risk losing out on it if you’re struggling to sell your existing home because it’s priced too high. If your home doesn’t sell because you’ve over-valued it, it’s unlikely that a seller will wait around for too long, particularly if they are part of a chain. Getting an accurate valuation from the start will help avoid problems and delays further down the line. 

 

Avoid unnecessary stress

Selling a property can be a stressful process. If you’ve over- or under-valued it, the resulting issues will make the process even more stressful. Getting a trustworthy, experienced local estate agent to provide an accurate, realistic sales valuation will ensure the process is as straightforward and stress-free as possible. 

 

Open House Estate Agents Leicester 

At Open House estate agents in Leicester, we’re experts in the local property market, meaning we’re perfectly placed to provide a fair and accurate valuation of your property. 

It’s important that your house sales valuation in Leicester is thorough and in the hands of an experienced local agent visiting your property. Although many agents offer instant online valuations, these are not always reliable or realistic, meaning you could set your asking price and expectations too high or too low. 

During your free, no-obligation valuation, we’ll view your property, take detailed measurements, and ask you questions to enable them to calculate the value. 

 

Ready to find out how much your Leicester property is worth?

Call us today on 0116 243 7938 to speak to our team of experts or complete the enquiry form above and we’ll get in touch to arrange a valuation of your Leicester home. 

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