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Dubai – UAE

5 Ways You Are Hurting Your Property’s Valuation

2 min read

Selling your property can give you a good chance to profit from it. You can either use the money to fund a business or buy another one for an upcoming relocation. But some homeowners are quite surprised to find that their property value is lower than they are expected.

Experts in property valuation in Dubai said that there are certain factors that can affect the market value of your property. If you want to increase your property’s pricing, be sure to avoid the following blunders:

  1. Not cleaning your property

One of the most common blunders that homeowners commit when selling their properties is that they don’t take the time to make their homes look pristine and spotless. You need to keep in mind that you need to captivate the attention of the buyers at first glance. If they notice a hint of dirt in your property, you might be compromising a potential deal. Take time to clean the space and maintain the look of your property.

  1. Not doing repairs

Your home might look amazing at first glance, but when it is rotting from the inside, it will surely drive away potential buyers. Home buyers are very meticulous when it comes to your home’s system. They will check every switch and every faucet if they must. So, do not forget to inspect your property for potential home system damage. Once you spot something amiss, check it out and schedule it for repairs.

  1. Not being serious with your home security

Potential homeowners take the security of the space seriously. They need to know whether they can sleep at night peacefully once they purchase your home. To increase the chances of closing the deal and also increase its market value, try to level up your home’s security. Install alarms and monitoring cameras to deter possible burglaries at home.

  1. Being lax with the updates

Although traditional houses has their market, a lot of people are looking for properties that are a bit modern and sophisticated. So be sure to shell out a budget for home renovation and interior refresh.

  1. Not taking to a valuation officer

Some people think that they can price their property on their own. But there are some aspects of property valuation that only the experts can assess. It would be best to consult with a professional residential and commercial property valuation to know the right pricing.