A property valuation report is a documentation of a property’s monetary value which is estimated by considering parameters like location, layout, build-up area, configuration, property age, covered parking, and frontage.

Property valuation is a method to determine the actual worth of a concrete structure according to the real estate market. It highlights the pros and cons of an immovable asset concluding a value that is fair for buyer and seller.

How to receive Property Valuation Report on Star Estate?

• Step 1 - Share your details in the fields below
• Step 2 - Choose the Property type you wish for valuation
• Step 3 - Choose the configuration the area for the property valuation procedure
• Step 4 - Share more details to receive an accurate property valuation report

Features of Property Valuation Procedure

There are three key features of the property valuation procedure that yield the accurate value of an immovable asset.

• Property Details -It includes information about a property, including connectivity, amenities, floor plan, and year of construction.
• Market Analysis - The availability of open areas, parking spaces, and other spheres plays a pivotal role in determining property value.
• Property Age - It is an important factor that outlines the worth of an immovable asset. A property age defines whether the construction demands renovation or is in a good condition.

Key Perspective of Property Valuation

The ideal perspectives of property valuation include:

• Resale Value -It assesses the present and upcoming infrastructure development in the locality and nearby areas as it evaluates the demand for respective configurations at present.
• Income Value - It assesses the estimated rental value of the property reflected in annual passive income.
• Cost Value - It calculate the definite property price after eliminating the depreciation value.

Benefits of Property Valuation with Star Estate

• Star Estate renders online property valuation procedures to simplify the understanding of actual property value.
• The turnaround time for online property valuation is less than physical site visits.
• The biggest benefit of property valuation with Star Estate is cost-efficient service for investors

Factors Affecting Property Valuation

Along with location, connectivity, law and order, the current economic situation affects property valuation. Also, inflation, changes in interest rates, and the cost of construction material are the factors that affect property valuation.