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The Importance Of Property Values During Difficult Conditions

These are difficult and unprecedented times, and everyone is looking for as much information as they can find. It is best to make an informed decision, and if you have any questions or queries regarding the housing market, we are here to help.

 

While Government guidance for the housing market advises social distancing and for people to keep themselves and others safe, property deals are taking place. We understand many people are keen to hold off any property moves right now, but equally, we know many people are looking to move as soon as they can. There are many valid reasons why people want to buy or sell property now, or shortly.

 

While virtual viewings help buyers and vendors connect, speeding up some of the processes, there is a need to undertake the most critical aspects of the process. Given the cost of buying property and the importance a home plays in people’s lives, it is vital that procedures are followed carefully, and that people make informed decisions.

 

Buyers and vendors benefit from property valuations

 

Property values are crucial for buyers and vendors. This hasn’t changed because of the present circumstances, and it isn’t going to change any point soon. At David Harris & Co, we offer instant valuations, which are the perfect starting point for people taking an interest in selling their home.

 

An instant valuation provides people with information that allows them to plan their next move or determine if they need to make changes or improvements to their home. A range of factors is involved with creating an instant valuation, including many factors outside of the property.

 

If you thought the value of a property was solely about the size, age and condition of the property, you are wrong. The local area, facilities, amenities, schools, crime rates, transport and many other external factors influence demand for homes and what buyers are willing to pay.

 

Local agents provide realistic and actionable property valuations

 

Therefore, when it comes to property valuations, it is best to call on the services of a local property market specialist. At David Harris & Co, we are pleased to say we know Finchley, and the surrounding areas very well. We care about the local community, and if you want support from a professional who is familiar with areas like Hendon, Finchley, Golders Green, Temple Fortune, Hampstead Garden Suburb, Whetstone, Mill Hill and Edgware, we are here to help.

 

Of course, while instant valuations are invaluable at the start of the process, at some point, more in-depth assessments are required. The property market is adapting to a difficult situation right now, and an increasing number of agents is using virtual valuations.

 

While this is far from perfect, it is a suitable way for agents to look around a home and provide a more realistic assessment of a property. As we move forward, actual assessments will return. Still, in current conditions, virtual valuations ensure the property market continues to operate, and helpful information is being used to inform buyers and vendors.

 

Right now, actionable information is essential, and this has always been the case when it comes to buying and selling homes. If you have any questions about the housing market, or you need assistance, please contact David Harris & Co today.

David Harris

sales, value, property valuation

29.04.20

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