Valuation – What’s your home worth?

Online Valuations

Whether you are thinking of selling your property, or simply interested in knowing what the current market value is of your property, we would love to do a Comparative Market Analysis of your property in the Durbanville area – it is absolutely free with no strings attached.

We offer 2 options (Both are free with no strings attached):

OPTION 1: Valuation with physical visit: We arrange a time to come and have a look at and assess your property before compiling our valuation report. CLICK HERE FOR OPTION 1.

OPTION 2: Estimated Online Valuation: We do an estimated valuation without visiting the property, based on information you provide, together with the recent sales data for the area. CLICK HERE FOR OPTION 2.

WHY SHOULD YOU GET A VALUATION? 

How many home owners really know what their property is worth? 

Although many would venture a guess based on asking prices in the surrounding area, this is generally an ineffective way of determining a price for your house, especially if you are seriously thinking about selling. 

A professional property valuation will often reveal that many people overestimate the worth of their house based on emotional connection to the property. 

On the other hand, some people far underestimate the market value of their home, due to lack knowledge of current market conditions.

The real estate market is dynamic and knowing the value of your home can be important for a variety of reasons.

For example, if you’re considering:

Selling your home

Determining a listing price when selling your home is one of the most common reasons to get a professional property valuation. Making your asking price too high will result in your property being on the market for ages without success. Setting your asking price too low will result in you losing money. Therefore it is important to set a market related price which suits both the buyer and the seller.

Buying your home

Lending institutions require that a professional property valuation be done in order to determine that the property is worth the amount being loaned. In this case, the bank will generally be the one to send out the valuator.

Cash or business loans

If you plan on taking a loan and using your property as the primary source of collateral, the lending institution will require a current property valuation by a professional valuer.

Refinancing your home

Once again, lending institutions will ask for a valuation on your property to ensure that the amount being financed is covered by the value of the property being put up as collateral.

Or maybe you just want to make sure your house is worth more than the neighbour’s!

All joking aside, we’d be happy to provide you with an estimated value of your home.

If you’re wondering why we would do this, we don’t blame you. We’d be wondering the same thing. The answer is that we want to be the agents you think of when it comes to real estate, whether that be buying, selling, investing, or financing.

If we can be your go-to real estate professionals, then we know over time we’ll get the opportunity to provide you with our valuable services.

If you’d like to know the value of your home simply fill in the online request, or email, call, or text us and we’d be happy to put together a market analysis.

HOW DOES ONE DETERMINE MARKET VALUE?

THE ACCEPTED SOUTH AFRICAN LEGAL DEFINITION OF MARKET VALUE:

Market value is the estimated price¹ a willing, able and informed buyer² will pay a willing and informed seller² for a property in an arm’s length transaction after proper marketing at the date of valuation where both parties act with knowledge, caution and without obligation.

¹ The price is that which could be obtained should the property been exposed to the market for a reasonable time;

² Seller: Should be selling out of free will and be ready to accept when a fair price is offered; and

² Buyer: Is assumed to be willing, but under no undue duress to buy. 

When you want to go to market, it is vital to determine a fair, market-related asking price for your property. Our time-tested, proven approach of conducting a diligent market analysis and reviewing it in detail with an owner reduces time wasted on trial and error regarding price. The end result is a faster sale, at a better price and with less inconvenience to our seller.

WHAT IS THE MARKET VALUE OF YOUR PROPERTY?

  • What you paid for your home has nothing to do with its present value;
  • What you require to purchase your next property doesn’t determine the value of your current home;
  • The price you would ‘like to achieve’ isn’t necessarily what buyers will be willing to pay in the current market;
  • The time and money you spent on renovations doesn’t necessarily determine your property’s value;
  • The value other agents put on your property is not always accurate;
  • Our valuation of your home merely serves as a guideline; and
  • As a general rule, buyers will feel an extraordinary price is justified if your property offers extraordinary features.

TO SUMMARIZE:

The real value of your home is determined by what a BUYER is willing to pay in TODAY’S MARKET based on how they perceive your home COMPARES with other properties in the same market.


We offer 2 Valuation options (Both are free with no strings attached):

OPTION 1: Valuation with physical visit: We arrange a time to come and have a look at and assess your property before compiling our valuation report. CLICK HERE FOR OPTION 1.

OPTION 2: Estimated Online Valuation: We do an estimated valuation without visiting the property, based on information you provide, together with the recent sales data for the area. CLICK HERE FOR OPTION 2.