What agents take into account when valuing a home
The most important aspect of selling your property is getting the correct valuation. Here’s how estate agent determine the selling price of your home.

If you’re getting ready to put your home in the market, you will want to figure exactly how much it is worth. Knowing the value of your home not only provides you with an expectation, but it also puts you in a position to negotiate better with potential buyers.
As a seller, you can probably use an online calculator to determine the value of your home, however, an estate agent will be able to help you get more out of the appraisal. They have experience to do a comparative market analysis and position your home to sell at the highest possible price, taking into consideration the following factors:
- The age of the home. Typically, newer homes appraise at a higher value
- The condition of the home’s interior including decorative aspects such as carpeting and wallpaper
- The potential of the property. A property that has flexible floor plans, for example, some areas can be easily converted into an extra bedroom later, will fetch a good price
- The number of bedrooms/potential bedroom and the number of bathrooms
- Kitchens have become a main selling point; therefore, the agent will determine if the kitchen is spacious enough to prepare food and entertain guests
- The ease of access to major roads, freeways and other transportation links
- How close the home is to quality educational facilities?
- Proximity to shopping, entertainment and recreational centres
- The ambiance of the neighbourhood or street. Is the area quiet, well-maintained with lots of green spaces?
Your home is an asset and by conducting a valuation not only gives you an idea how much it’s likely to sell for but also what improvements could be made if you want to boost the value of your property. Using an agent really pays off; in fact, agents appraise so many properties in their career that it’s almost second nature to them.