At Jossour, we always remind our clients that property valuations can be an invaluable tool for both the property investor and the home owner, and point out why it's a very sensible approach to request periodic valuations so you can be well positioned to take advantage of market opportunities, as they arise.
So not only are property valuations an important step in any property transaction, but they can also provide valuable insight into the potential opportunities and risks associated with any investment, which is why we'll be exploring the benefits of getting your property valued by a professional and explaining why it should be an essential part of your decision-making process.
1. Property valuations can help you understand the fair market value of your property.
This is critical information for both buyers and sellers, as it can help you determine whether you're potentially paying too much or selling for too little, which is extremely important in the Red Sea areas, especially those we specialise in (El Gouna, Somabay & Makadi Heights) where the average annual appreciation is approximatly 15% across much of the market.
Valuations are also key in negotiating a fair price on any property investment, as you'll have a far more accurate idea of what the property is worth when considering your offer.
2. Property valuations can help you identify potential risks & opportunities.
A professional property valuation will take into account a number of additional factors, including location, condition, special features as well as recent market trends. This information can be invaluable in helping you make informed investment decisions... and avoid potential pitfalls.
3. Property valuations can help you make informed decisions about repairs & renovations.
If you're planning to make any repairs or renovations to your property, it's important to have a really solid idea of how these investments will impact the value of your property. A professional valuation can help you determine whether the investment will be worth the cost, and how much you can expect to see in return.
Taking this a step further, a professional valuer may even be able to tell you which repairs or renovations to prioritise, to maximise the sale price of your property within current market conditions.
4. Property valuations can help you plan for the future.
If you're planning to sell your property in the future, say in a certain number of months or years, a valuation can give you an idea of how much your property is likely to be worth at that time. This information can be helpful in considering a future sales price, as well as in making informed decisions along the way with respect to key upgrades or renovations.
5. Property valuations can provide peace of mind.
Making informed decisions about your property can be a complex and stressful process, but it doesn't have to be! A professional valuation can provide you with the peace of mind that comes from knowing you're making the best decisions possible, based on sound data & expert opinion.
Whether you're buying, selling, or simply wanting to know more about your property investment - as you can clearly see, a professional property valuation is simply essential & should be an integral part of your decision-making process.
* As one of the pillars of our service to you, at Jossour we're very pleased to offer you a FREE property valuation, so if you're curious to know what your property is worth, and it's located in El Gouna, Somabay or Makadi Heights, you're welcome to schedule a complimentary consultation with us today:
👉 https://www.jossour.com.eg/
Thank you & we look forward to speaking with you soon!