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Why should we get a property appraisal before selling a property

  •   Location(s) covered:
    All Island


    Why should we get a property appraisal before selling a property?
    For sellers, appraisals are used for a variety of reasons. One, to get an idea of ​​the current selling price of their property and to get an idea of ​​whether or not the value of their property can increase further in the future. They can be a good indicator of whether or not to sell now until the market rises in the future. If you're thinking about selling, a good real estate agent will know what buyers in your area are looking for in a property and will know what trends are selling. So, if you are looking for tips on value-adding repairs or features for your property, hiring the services of a property appraiser will be of great benefit.
    Who is a property valuer in Sri Lanka?
    A formal property appraisal can only be done by an appraiser who has received specific education and training. They have a systematic approach and provide a detailed, unbiased report on property value, taking into account all factors that affect value. A property appraisal is usually completed within 2-3 business days and you will pay a professional fee.
    Situations where property valuation reports are requested ..
    • Sale or purchase valuation reports
    • Accounting objective is asset valuation
    • Appraisal for Foreign Visa (House, Land)
    • Development property valuations.
    • Kdu University Entrance Assessment Reports
    • Valuation for compensation and insurance purposes
    • Assessment for Capital Gains Tax.


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    Posted/edited: 245 days ago