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guiding landlords through the letting process
covering
how should an estate agent appraise my property?
An accurate and current market-based appraisal is essential to achieve the maximum potential for your property. Some agents will overvalue just to secure your instruction, others may undervalue through lack of current market knowledge. Our experienced lettings appraiser bases the market appraisal on a number of criteria including:
- Aggregate demand from tenants
- Popularity of locale - transport / facilities etc.
- Current offer prices of similar properties in the proximity
- Actual transaction prices achieved by similar properties in the proximity
- Potential for improvement works - and how this will affect your appraisal
- Advantages and disadvantages of furnished or unfurnished
- Overall condition of property
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