Knowing the real value of your property is essential whether you want to sell or need a reference for financial decisions. In this guide, we explain how the professional valuation process works and what factors influence your home's price.

Factors that determine property value

Property valuation considers multiple aspects: location, size, condition, age, construction quality, orientation, views, energy efficiency, and nearby services. The local market is also analysed, comparing recent transactions of similar properties in the area.

Professional valuation methods

Valuers primarily use three methods: the comparison method (analyses similar sales), the cost method (land value plus construction), and the capitalisation method (for investment properties). Each method is more appropriate depending on the property type and the purpose of the valuation.

Difference between valuation and appraisal

A property valuation is a market value estimate made by a real estate professional. An official appraisal, on the other hand, is a legal document prepared by a certified appraiser, required for mortgages and legal proceedings.

Free valuation with Teivida Home

At Teivida Home, we offer free valuations with no obligation. Our experts visit your property, analyse all relevant factors, and provide you with a detailed report with the estimated market value. Request your valuation today.