what factors are taken into account during house valuation?

hazyjo

Most things are negotiable too. I wouldn't pay more than 1% (you'll have VAT on top too). And I wouldn't want to sign up for more than 6 weeks (although would compromise with 8).

Skiddaw1

kimmynicebutdimmy wrote: »

any recommendations?? or is it against mse rules to link to them? :beer:

Here's the thread in question. Hours of innocent entertainment...:)


https://forums.moneysavingexpert.com/discussion/3403965/the-have-a-look-at-this-thread-ii

quotememiserable

I agree strongly on doing your own valuation first, so you know if the agent is being realistic. We took three agents valuations on a sale recently and they came back all over the place.
I'd look at rightmove property for sale in your area, and think what price it would need to be for you to choose it over the opposition if you were teh buyers.

System

My day job is actually making sure that properties give out a "wow" impact the moment people walk in. When you're selling a home, that wow moment happens as they first view the pictures online. You only get one chance to make a first impression, so they say.

Kitchens and bathrooms sell homes. For the kitchen, the number one thing is to get everything off the benches that you can. It is astounding how many have breakfast cereal boxes, clean saucepans, baby bottle sterilising sets, a whole dish drainer full of clean dishes, stacks of magazines, random toys, eleven empty plastic tupperware sets and a bowl full of car keys and loose change. Stash it, stash it all, and as for the fridge, remove all the kids' artwork, your collection of eighty-four fridge magnets and the credit card bills. You are selling a kitchen and its benches, not your own stuff. Despite the fact your kitchen isn't new, you're trying to present it as if it were, so do your best to limit the items to a kettle, maybe a knife block, a fruit bowl.

Bathroom - have a set of clean, neatly-presented matching towels and hand towels. Remove all the bottles of shampoo, conditioner, etc etc etc and all the rubber ducks, potties, clothes airers, cleaning products, mops, everything - leave only a single hand soap on the sink. Really. You're aiming for a bathroom that looks as close to never-used as you can manage.

I echo the decluttering for the rest of the house, and recommend you then do a second declutter removing even more. Don't just remove "junk", remove anything and everything that you do not use on a constant basis - meaning that the DVD collection, the stack of books, video games etc, should all be stashed away. It doesn't need to be sterile, by all means have a family photo in the living room, but make it one or two, not ten. And as said, remove all unncessary furniture - your bedrooms should contain what's in a hotel room and that's it. Childrens' bedrooms in particular always seem to look like a clown threw up in there, which either makes buyers recoil from the mess or leaves them unable to picture it as their guest room or study. Buyers need to be able to visualise how their own things will work in the house and clutter works against that.

These are all just recommendations for the photos by the way - I understand nobody can actually live in a house like that! But a mass declutter will help you anyway as you'll have less to pack up and move once you do sell.

konark

Whilst the things you mention are good at impressing potential buyers, who often want to buy into a 'lifestyle' rather than bricks and mortar, they won't overly impress a bank/bs valuer who will know all the tricks of the trade and be valuing according to structural integrity and the local market conditions rather than how many fruity soaps you've got on display.

RelievedSheff

To get to the bank stage though you do need to impress a buyer enough to offer on the house first.

First impressions are what you are aiming to achieve.