Selling real estate is the biggest financial decision most people make in their life. Considering the importance of the decision, it is important to have an expert by your side to get a good return on your real estate investment. Therefore, if you’re considering selling your home and listing it among the houses for sale in Burnaby, we can help you determine the right value of your home, allowing you to get more cash from your real estate transaction.
What is Home Valuation?
How much is my house worth? Home valuation is a process that provides you answer to this question. It’s a comprehensive analysis that takes various factors into consideration to determine the right value of a property, allowing you set the right selling price for your home.
Contrary to popular assumption, home valuation is not only important for home sellers, but for homebuyers as well. However, the process is more frequently used by home sellers as compared by home buyers to determine the value of houses for sale in Burnaby.
What are the Benefits of Home Valuation?
For individuals who are looking to sell a property on their own or buy a new property, hiring a professional for home evaluation looks like an expense. But, as a matter of fact, it’s an investment that pays off in various manners.
If you’re ready to sell your home, hiring an expert real estate agent to determine the true value of your home can offer you the following benefits.
Often time, home sellers price their properties higher than they are actually worth in an attempt to get a higher return on their investment. This is not a very good practice as if a property is valued too high, it’s likely to stay on the market for a long time without attracting attention of the buyers. Therefore, in order to reach more prospective buyers, it’s important to determine the best price for your home to sell it within a reasonable period of time.
Things like natural stone flooring, an outdoor patio, and a well-built, advanced HVAC system contribute a lot to the value of a property. Most homeowners tend to ignore this and set a price that’s too low as compared to what their home is actually worth. A professional real estate agent or home valuation expert can help a prospective home seller identify the components that can add to the value of their home and help them determine the true worth of the property.
Hiring a home valuation expert offers the following benefits to home buyers:
Home valuation is an essential part of the mortgage application process. When you apply for a home loan, the mortgage lender requires a home valuation report to ensure that the security value of the property covers the loan.
Home valuation experts study market trends, value of the recently sold properties in the same neighbourhood, and various other factors, allowing you to determine the right value of houses for sale in Burnaby. For example, certain developments, such as highways and freeways may limit or facilitate access to a particular neighbourhood, causing a decline or incline in the property values. A professional can help you identify these trends and find the best real estate deal.
How Does Home Valuation Work at Burnaby Real Estate?
The purpose of our home valuation service is to make it easier for home sellers as well as homebuyers determine the true value of houses for sale in Burnaby. In order to make the process more convenient, quick, and easy for our customers, we offer you an online home valuation form using which you can submit the details of the property you want to sell or buy.
Once you have entered the details and submitted the form, we conduct a thorough analysis of the local real estate industry, the neighbourhood, recent and anticipated real estate trends, and the features of your property to come up with an accurate estimate of the value of your property. As soon as we have completed the analysis, one of our representatives will call you to communicate the findings and to assist you with the rest of your real estate journey.
Why Choose Our Home Evaluation Services?
There are certain features that make our home evaluation services distinct from that of other real estate agents and brokerage firms.
So, if you have found the perfect home for your family from the numerous houses for sale in Burnaby, or if you’re ready to earn a high return on your real estate investment by selling your home, you can benefit from our home valuation services. Just fill out the home evaluation form given below and one of our representatives will contact you as soon as possible.