As a small business owner, you may be considering a property valuation for a number of reasons. A property valuation can provide you with an accurate estimate of your property’s worth, which can be useful for a variety of purposes, including:
1. Determining the value of your property for insurance purposes.
2. Selling your property.
3. Refinancing your mortgage.
4. Assessing your property for tax purposes.
A property valuation can be an important tool for small business owners for a variety of reasons. If you’re thinking about getting a property valuation, be sure to work with a qualified appraiser to get an accurate estimate of your property’s worth.
5. The benefits of having a property valuation
If you’re thinking of selling your property, one of the first things you’ll need to do is get a property valuation. A property valuation provides an estimate of your property’s market value, based on comparable sales in your area.
A property valuation can be useful for a number of reasons:
1. It can help you determine the asking price for your property.
2. It can give you an idea of how much equity you have in your property.
3. It can provide negotiating power if you’re selling your property through an agent. Nitschke Nancarrow Accountants
4. It can help you determine whether you’re paying too much for your property if you’re thinking of buying.
5. It can provide peace of mind if you’re thinking of refinancing your home loan.
A property valuation is usually carried out by a qualified valuer and can cost around $300-$500. However, it’s important to note that a property valuation is not the same as a building inspection. A building inspection will identify any defects in your property, whereas a property valuation will not.
If you’re thinking of selling your property, we recommend getting a property valuation before putting your property on the market. This will give you a better idea of what your property is worth and help you set a realistic asking price.