Confused to why was your instant valuation wrong?
Lots of home owners use online valuation tools but in reality they are just a rough guide to what the real time local sales market is doing and whether you are thinking of selling or not, it is important to get figures that accurately reflect the value of your home. Read the top 3 reasons for the inaccuracy. 👇
These are the three reasons...
- 1. Instant valuations are only on average 60-70% accurate. This is because the figures you have been given are based on computer generated data and algorithms that do not take into account lots of factors which affect your property value.
- 2. The online valuations are based on the last time your house sold and local sales in the area, this can give misleading figures as in many areas, especially ours, some streets not have regular sales and our area has its own unique market which won’t relate to the average marketing information that has been used.
- 3. The figures also aren’t able to consider what you have done to your home since you bought it, the particular demand for your style of house and exact location which is why your local area specialist, Love Property, can help.
If you would like a more accurate valuation whether it’s because you are just wondering out of interest or thinking about your options to extend even we can offer you a free chat in person where we give you a valuation that is very accurate and based on real up to the minute data and based on your property. Click here to book in.
Not ready to meet us yet? If you click here and send us some pictures we can send you a report that is 80-90% accurate. This is a report by our own local values based on your updated information and pictures of any upgrades and using our specialist knowledge of the local area.
We would love to hear from you
Laura and the Love Property Team
