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What to Expect at House Valuation

Tempted to sell your home or make do and mend? A free property valuation can help you decide. But first, we’ll walk you through the nuts and bolts of the house valuation appointment.

Faye deGavre

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Jun 28, 2021

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5 min read

What to Expect at House Valuation

If you’re thinking of selling your house, the first step is to determine its current market value. Today, many Estate Agents offer a free, pre-sale appraisal appointment (known as a house valuation) that gives you an estimate of what your property is worth. And once you know what you could get for your property, you know your budget for your next place. But before you get caught unaware, here’s what to know about the house valuation process. 

What is a property valuation?

A property valuation is a full market appraisal from an Estate Agent of what your home is currently worth. Even if you think you know the ballpark figure, a valuation is vital. The market is in a constant state of flux, which means what your home could get today can be very different from how much it was last year or even what you paid for it.

The valuation figure is based on a range of factors, including what neighbouring homes sold for, the market's current condition and how your home is presented. While the first two are out of your hands, you can always add value with home improvements.

If you want to get the best price for your property (and who doesn’t?), a house valuation is essential. Not only does it help you decide on a fair asking price for your home, but you can then also work out your budget for purchasing your next property.

What is the fastest way to get a valuation?

At Boomin, we work with Estate Agents who are on a mission to get you moved. With SmartVal you don’t get an online guess at the value of your home. Instead, you get the smartest blend of technology, data and local agent expertise working together to provide a more accurate valuation within 15 minutes. Simply input details about your home, select up to 3 agents to provide your SmartVals, then relax. You'll get your SmartVals within 15 minutes.

Ready for an in-person valuation? Simply book a house valuation with a reliable agent at a time that suits you. On Boomin, you can see real-time agent availability and book day or night, 24/7, and receive instant confirmation.

With Boomin’s early access features, more interested buyers see your property’s details before it’s officially on the market – helping you to make that sweet sale sooner.

How much is a house valuation?

With Boomin, you can book a free house valuation or a SmartVal with a number of different Estate Agents. While some agencies may charge a small fee or require you to use their services following a valuation, when you book on Boomin, you don’t have to worry about paying a penny.

How to prepare for a house valuation

There’s a difference between a valuation and a viewing. The valuation is conducted by a professional Estate Agent, not an interested buyer. Don’t worry about turning your house into a show home – just yet. A good agent will look past the clutter and small jobs you might want to tend to before the house hits the market. 

A great way to speed up the valuation is to prep some information for the agent beforehand:

  1. When the windows were last replaced
  2. The age of your boiler
  3. Whether the property sits on a leasehold
  4. Details about special features of the property
  5. Information on any issues with the home (structural or maintenance)

What happens during the property valuation?

  • Meet your Estate Agent. Once you’ve booked a free house valuation, the agent will visit your home on the allotted day or time. They will give you a rundown of what their agency can offer you, from Sneak Peek listings to their track record of selling homes like yours in the area. You’ll also have an opportunity to ask any questions. There’s no obligation to commit to the agent on the spot; we recommend booking valuations with a couple of agents to find out who suits you best. Here’s what to know when deciding on an agent. Once you’ve made up your mind, you can instruct your chosen agent on Boomin – no calls or emails required.

  • Learn your property’s value. You don’t need to tidy up, but for the agent to value your house as accurately as possible, they need to see every room in your property, including any outbuildings and garages. They’ll ask for more information about your home (see above). Once they’re finished, they’ll give you a full market appraisal report with an estimate of what your home is worth and why.

  • Gauge interest. When you book a valuation on Boomin with one of the trusted Estate Agents, you can choose to list your property as a Secret Property. This means that interested buyers looking in the area can see minimal details about your property (such as the street) and can register their interest. At your valuation appointment, the Estate Agent will let you know how many buyers have shown interest in the property. If you decide to sell, those buyers will be informed, placing them first in line to view your home – gathering interest all before your house is on the market.

How long does a house valuation take?

While the time differs from property to property, it shouldn’t take more than a couple of hours. Naturally, a three-bedroom house will take longer to value than a one-bedroom flat. Features unique to your home can take a little longer to evaluate, too.

Book your free house valuation on Boomin

At Boomin, we work with local experts who really know their areas because that 5 or 10 thousand makes a difference. Ready to learn more? Book your property valuation online, 24/7 and receive instant confirmation. On Boomin, you can do more.

Faye deGavre

Content Writer