How Much Is My Home Worth In Marylebone?
Whether you bought your home 10 years ago or 2 years ago, its value could have changed significantly in that time. As well as the overall property market rising and falling, your geographical location may have affected the value of your home. In addition to this, any work you’ve had done to the property or renovations you’ve carried out could have increased its value.
Knowing how much your property is worth is extremely useful and there are many reasons why you may ask an estate agent “Value me”. If you’re planning to move to a new location or a different property, for example, you’ll need to know how much your existing home is worth so that you can calculate your budget.
You may assume your dream home it out of reach but the value of your existing property may surprise you. If you have more equity than you realised, you may be able to afford your new dream home after all.
Alternatively, you may want to make changes to your home or extend the property, and you’ll need to know how much it's worth before you get started. If you want to take out a loan or re-mortgage in order to fund the works, the lender will want to know how much your home is worth. Similarly, getting a pre-work valuation allows you to determine how much value you’ve added to the property once the work is complete.
Valueing your home in Marylebone
Valuing your home doesn’t just give you an estimated sales figure for the property; it provides a crucial insight into how your property investment is performing. With this information, you can determine your borrowing power, your budget and your future.