Property/House Valuation Daventry

A valuation is required when you’re selling or buying a property or altering your ownership percentage. It’s also necessary for updating your property portfolio for tax or accounting purposes or managing probate after a family member’s death. A RICS Registered Valuer possesses the expertise and qualifications to conduct this valuation. Their valuation carries legal weight in a court of law.

How does a RICS Valuation compare to an estate agent’s estimate? An estate agent works to secure the highest possible price for their client’s property. A RICS Valuation, however, determines the Market Value, the price a willing buyer and seller mutually agree on. This delivers a balanced and precise valuation.

When multiple buyers compete for a property, its value may rise due to competitive bidding. Conversely, a property with just one interested buyer will typically have a lower value than one with multiple bidders.

If you’re purchasing a property without borrowing, it’s still prudent to get a valuation. It ensures you haven’t overpaid for the property.