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House Valuation

valuation

Are you curious to know how much your house is valued by the different banks? Or looking to purchase a specific property and you just want to make sure it’s not overpriced? You can get accurate valuations from real estate agents (like yours truly), mortgage brokers, or call the banks directly (ask for Credit Department).

They will need to know the exact:
1. House address
2. Build up
3. land area (22  x 70, etc.)
4. Renovation works done (extensions of how many feet, plaster ceiling, build in wardrobes and kitchen cabinets)
5. When was the renovation done
6. How much did the renovation cost
7. What is the asking price

Unfortunately, things like air-conditioners, fans, lights, water heaters, electronic items and furnitures are not included in the bank valuation. Though if you have pictures of the actual unit, it will be an added advantage.

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