Monthly Archives: June 2019

Melbourne Property Valuer

Amazing tips for the best property valuation services

Being a homeowner or a property owner you want to get the best price for your property if you are selling. For this, you should know the actual market value of the property first. You can hire the best property valuer in the town for the property valuation services but it’s not easy to go with their valuation figure. Remember, overall it’s your property. So better to think about the property value – how you can increase its value. It is an accepted fact that – There are so many things that you can’t change while evaluating the property value like location, type and size (area) of the property but ‘when there’s is a will there’s is a way’.

There are plenty of things through which you can bring a significant difference in the property value. Know how –

Make it presentable and appealing – First impression is the last one. Improve the curb appeal of your property. Mow the garden, declutter the waste and add more colorful plants in the garden to grab the buyer’s attention. Renovate the elevation (exterior part of the building), put a stroke of paint on the walls, light some scented candles, open the windows to allow the air and natural light, Paint interior walls with light or nude color shades in your home which makes it big and spacious. Make sure your electric appliances are in working condition.

Remove the waste and unwanted things, replace the old carpet with a new one, keep your home clean and tidy, arrange your furniture appropriately in order to make the house well organized.

Display your home – Remember when valuer comes for home inspection they aren’t aware of the hidden benefits your house has to offer like –  new electric wiring, smart electric appliances, central air conditioner, underfloor heating, solar panel, rainwater harvesting plant and more. Being an owner it’s your duty to be the property valuer while inspection. It’s not you should interrupt the valuer every time but it’s also imperative to highlight the benefits of your home.

Definitely, you can’t change the location of your home but the nearby developments add more value to your home. Tell your valuer about such developments which you think can bring significant impact on your property’s value.

Research and gather the data of local sales – The best way to evaluate the property value is the gather the recent sales data and then compare to evaluate the property value. Do some homework gather the recent sales data of the comparable (the property which is similar to your property in type, size, and location). This can help the property valuer to find the value of the property in a more righteous way.

Know and share the reason of the property valuation – Look, it’s important to know the reason behind the property valuation. Discuss it with your property valuer, they are the true experts of the property world and unbiasedly they evaluate the value of your property. Know how you can increase the value of your home and which renovation plan can give you more returns on investment, property valuers are smart enough to suggest you. Keep your property’s document complete so it helps valuer to study and find the right value of the property.

These tips surely help you in finding the right value of your property. Hire the best property valuer like Melbourne property valuers for accurate property valuation services.

Why house flipping is good for you?

Hope you must have heard about the house flipping method. But if not then not to worry. This is the quickest way to make money in the real estate as you buy a distressed property, flip it (renovate it to increase its value) and then sell it with the core aim to make a profit.

The major concern is to gain the maximum profit in the shortest period of time. Yes, more the selling timeless the profit will be gained or vice-versa. As the house flipper tries to buy the real estate property at a discounted price, improve it and sell it for financial gain. The main motive is to earn more money. If you sell the property by making delay the cost of holding the property, maintenance cost, property tax fees property insurance premiums get to add on it and will eat up your property margins. So better to sell the flipped property as soon as possible. Even the renovation or improvement time also matters. This time also should be less to make more money. To know the actual market value of the property you should hire property valuer they all about the property market.

Here we are sharing the pros of house flipping process –

No longer wait – As the strategy demands less time so the investor can estimate and gain financial benefits that too in less time. You don’t even have to keep your money engaged in single investment for the longer time. Buy, flip and sell the property to make the profits.

Make more money in less time – The average time to make money in real estate six months and thus this process allows you to turn a profit quickly. Though that is not sure for every time. Yes, if you do it consistently you can become a pro and get good returns.

No tenants, no headache – Finding right tenants, keeping them, collecting rent, resolving their issues, is a big headache and eats up owners lots of time, money and efforts which are essential elements. And house flipping saves you from all this. As you buy, flip and simply sell it to get the good returns.

Distressed property – You buy unvalued or distressed property for flipping which usually cost you very less and you flip it to generate profits by increasing its cost and overall look. All you have to make prudent and shrewd decisions while choosing the corners for renovation. Invest in those renovations only which gives you good returns.

Less risky – As you are holding the property for such a short time period. So it is less likely to get influenced by the economic changes and property market condition. As real estate market changes over time and stock market get quickly fluctuated but when you choose the house flipping risk is very very less as compared to the other investments.

These are the pros of flipping. To know more about real investment and property valuation services contact us.