What factors are taken into consideration during strata valuation?

When it comes to valuing a Strata Valuation, there are a number of factors that need to be taken into consideration. Here, we take a look at some of the key things that will impact the value of your property.

The location of your Strata Valuation property is one of the most important factors that will affect its value. If you’re located in a desirable area, close to amenities and with good transport links, your property will be worth more than one that’s located in a less desirable area.

The size of your property will also affect its value. Larger properties will generally be worth more than smaller ones, so if you’re looking to add value to your Strata Valuation property, increasing its size is a good way to do it.

The age of your property will also have an impact on its value. Older properties will generally be worth less than newer ones, so if you’re looking to add value to your Strata Valuation property, renovating it or adding an extension can be a good way to do it.

The condition of your Strata Valuation property will also affect its value. If your property is in good condition, it will be worth more than one that’s in poor condition. If you’re looking to add value to your property, carrying out repairs and renovations can be a good way to do it.

The amenities that your Strata Valuation property has will also affect its value. If your property has desirable amenities, such as a swimming pool or a gym, it will be worth more than one that doesn’t have these things.

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