A property valuation report is an estimate of the current market value of a property. It is typically prepared by a professional appraiser or property valuer.
1. Hire a professional appraiser : This is the most accurate way to find out your home’s value. Appraisers are licensed and trained in estimating the value of a property.
2. Get a comparative market analysis (CMA) from a real estate agent : A CMA is an estimate of your home’s value based on recent sales of similar homes in your area.
3. Use an online home value estimator : Online home value estimators use public data to estimate your home’s value.
4. Review your home’s tax assessment : The tax assessor’s office will have records of your home’s value for tax purposes. This value may not be the same as your home’s market value, but it can give you an idea of what your home is worth.
5. Compare your home to recently sold homes in your neighborhood : This is a good way to get a general idea of your home’s value.
6. Have your home inspected : A home inspection will give you a detailed report of your home’s condition. This can be helpful in negotiating a selling price.
7. Make sure your home is in good condition : This is important if you want to get the most accurate valuation of your home. Repair any damage and make any necessary updates before having your home appraised or inspected.