How you can determine true value of your property: using InternetDate: 2009-05-01 12:42:56 , Category: Articles You may have heard of Right Move - a property website in UK. But you may or may not have heard of Zoopla, another property websites.
When people are looking to buy property, they go to Right Move. This is why most estate agents register their properties on this website to get higher exposure.
Zoopla was set up to rival Right Move but it apears to have done better that its rival. Zoopla has many other features, not just for buyers but also for sellers or those just thinking about selling that Right ove is yet to offer.
Property valuation: DIY
A recently added feature to Zoopla is an Automated Valuation Model (AVM). It has bees designed to replicate the valuations done by the surveyors for mortgage purposes.
By employing a regression model it allows home owners to add or take away features to get a more accurate value of their property rather than by using the average house price for the street. For example, a home owner can specify the size of their property, whether it has off street parking, garden etc. The AVM on Zoopla will adjust the value of their property accordingly.
That way it gives a ore accurate picture of the real value of your property than is possible by watching the asking prices of other properties in the area.
Although Instant Angels recommend and always use independent suryevoys to deterine the value of any property, Zoopla can be a good start for any home owner thinking about selling the property fast.
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