No matter where you live, the location of your property will affect its value.
Is your property located rurally or in a city, which suburb and sometimes even which end of the street?
City or beach, park or river views, as well as proximity to local services, will also decide the property valuation. These aspects are important property value indicators.
Also, if there’s development in the area, it can affect house valuations too.
Functionality is important when it comes to choosing a home.
If your home has been renovated to feature new and more modern functionalities, it will definitely impact the outcome of the property appraisal.
If your home has recently been renovated, it’s a good idea to get a new house appraisal because you may be surprised with the difference.