The Value of a real valuation on your Cape property

PUBLISHED 16 AUG 2018   

The Value of a real valuation on your Cape property

Before you put your house or apartment on the market, it’s always good to know how much it’s really worth. A property valuation will give you a reliable estimate to work from as you decide whether - and when-  to sell.

How do you value a property anyway?

There are many ways to value your property - from simply looking at your rates bill to entering your home address on a valuation website - but how accurate are these estimates?

We believe that a real valuation will give you a realistic figure that's based on actual selling prices in your area. That way, you'll be able to make your decision to sell based on solid, reliable data.

What does a real property valuation include?

The value of your property is determined by a lot of different things. A good valuation should take all of them into consideration and include:

  • The estimated market price that your home could fetch
  • The municipal valuation on your property
  • Price trends in your suburb
  • The number of sales in your area and how that number has changed recently
  • Aerial views and map co-ordinates that verify the property’s location

This information will give you a good indication of how much your property and other properties in the area are selling for, and whether there is an upward or downward price trend.

Together with your Cape Realty agent, you'll be able to use a real property valuation to decide when to put your home on the market.

Property valuations aren't just good for sellers

If you're in the Cape property market to buy, a property valuation can be just as useful. Price, location and price trends are all important factors for every buyer - and a property valuation provides information about all three.

Before you put in an offer on a property, taking a look at the valuation is a great way to help you reach a competitive offer without paying more than necessary.

Whether you're in the Cape Town property market as a buyer or seller, we’d love the opportunity to represent you. Our Cape Realty team is on hand to assist you with an accurate, in-depth property valuation.

For more information, or to schedule an appointment with one of our agents,
contact us today.

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