How To Think Like A Valuer

Watch for overcapitalisation – A half court tennis court may seem like a good idea, but unless the owner is raising a Hewitt, most buyers will find it next to worthless. Be honest about what an improvement really adds. Similarly, it’s no good trying to fit as many bedrooms as possible into a dwelling at the expense of its functionality. A valuer will quickly dismiss a “bedroom” as a study if it provides the only path between the bathroom and the rest of the house. During the internal inspection, the valuer will also take note of a home’s extra items such as air conditioning, built in wardrobes, security features, ceiling fans and fireplaces. It’s those little added extras that can give a house a step up on the neighbours in the value stakes.