Appraisal at the highest level
Every property holds its own distinct value, deserving a tailored appraisal. Our decades of expertise and eye for detail ensures a seamless sales process. Get your free and non-binding on-site appraisal.
REAL ESTATE APPRAISAL
Appreciation as a philosophy
We value the individuality and history of each property. Often, it is the hidden values that determine the price. Our experienced advisors will recognise all the unique details to effectively market your property and achieve the best possible price.
On-site appraisal
The best value comes through in an on-site appraisal, where our experts take into account all of the unique characteristics that make your property special.
Skilled professionals
Our advisors are educated and professionally trained in the Engel & Völkers Academy. Appraisals is one of our core competences and the key to a successful sale.
Local expertise
A precise property appraisal requires local market knowledge and experience. Our local experts determine the optimal price based on market and target group analysis.
The correct appraisal
The top 6 factors for property appraisal
When it comes to selling a house or apartment, one of the most crucial and intricate steps is accurately appraising the property. Let's delve into the six key factors that play a significant role in determining your property's pricing.
“Location, location, location”: The old maxim is still true to this day. The location of a property is still one of the most value-determining factors, and often more than the property itself. We differentiate between micro location and macro location. The micro location is the close surroundings of the property, such as a city district, whereas the macro location describes the region in which the property is located. Whether a location is desirable or not is also determined by the existing infrastructure and cultural, educational, and recreational facilities.
Is the property newly built, or has it been there for a while? Is it in need of renovation or as good as new? Age influences the value of a property. However, it has less to do with the year it was built and more to do with the property's condition in relation to its age.
For example, if a property is very old, urgent or routine renovation work may be required. However, antiquarian properties in prime communities are still sought after and achieve high transaction prices.
For prospective buyers, the property's condition is very important. It is essential to note that upgraded properties achieve higher selling prices.
Whether you are looking for a home in the city, the countryside, or near the coast, our experts will give you the best possible advice on the condition of your property.
What property type are we dealing with – a standalone villa, a unique duplex apartment, a corner unit townhouse, or an elegant mansion? The property type determines the demand for a property and, therefore, the asking price.
How many rooms are there? Is there a basement and a large garden? Are there special features such as a terrace, sea or landmark view or a built-in sauna? Value factors such as these are very individual and important purchase criteria for buyers.
Last but not least, general supply and demand in the local property market significantly determine purchase price valuation. Our local agents at Engel & Völkers are knowledgeable about the current demand in your region, past transactions, and how it affects the value of your property.
Good to know
Does your property include unique features such as a sauna, sea and landmark views, or a massive landscaped garden? Get an on-site property valuation from an experienced Engel & Völkers advisors. With their comprehensive expertise, they will be able to appraise your property with highest accuracy, in order to provide the best possible sale price.
Selling – with or without an advisor?
Deciding whether to sell privately or via an advisor mainly depends on the following factors: your level of experience when it comes to selling properties, your knowledge of the property market, and the time you have available.
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Selling with a real estate advisor
Our real estate advisors are equipped with a high level of experience and a client base with earmarked prospective buyers, which will greatly reduce your time investment. The estate advisor fee (when appropriate) is then split between yourself and the buyer.
Selling without a real estate advisor
Those who wish to handle the sale themselves will save on the advisor's commission, but they must be ready for the necessary hidden expenses that may emerge to effectively sell a property. You will also have to be confident and steadfast when selling.
Sell successfully with Engel & Völkers
It's promising: Our worldwide network of pre-qualified prospective buyers, along with our highly experienced local advisors, will ensure the perfect match for your property.
FOR MORE INFORMATION
Contact us
Engel & Völkers South Africa
1st Floor, Needwood House Broadacres Shopping Centre, Cedar Avenue
Fourways, Johannesburg
Tel: +27114650410