Trusted local estate agents for Edgbaston and Birmingham City Centre since 2008

Category: Sales

House valuation

Organising the house valuation

26.07.16

Preparing for a house valuation can be difficult. The decision to put your house up for sale and move is probably one of the biggest you will make in your life. The process of selling you house all starts with an initial house valuation, and this is often the stage that many people hold their breath as they find out what their house is truly worth. Whilst a house valuation can sometimes compromise of factors beyond your control (e.g. the area you are selling in), there are definitely things you can do to help or present your house in a better way. In this article we look at some of these points.

1) Timing
When are you deciding to move? Selling in the middle of a recession or in the cold winter months probably isn’t the best idea (but that doesn’t mean to say that houses don’t sell during these times, and sell well, too!). Confidence in the market and economy can vary widely, and it is a good idea to keep this in mind and capitalise on the ‘good times’. This can affect your house valuation in a positive way.

2) Inner presentation
How your house is presented can make a very important difference to your house valuation. No one likes a house which is dirty or full of clutter as it gives off an unsavoury impression. Not only can this put off potential buyers, but it can also affect the valuer, resulting in them giving you a lower amount.

3) Inside
Following from the above it is a common misconception that it is just the bricks that sell a house and give it its worth. When you move, you will take all of your possessions with you; but many things will remain – the kitchen and its working area, the bathroom etc. If these are dated, heavily damaged, or unappealing in some way, your house valuation is likely to suffer. These days, it doesn’t cost much to spruce a house up where its needed and, whilst you may not like the idea of spending money, ultimately you will get this back (and probably more) in your house valuation estimate.

4) Outside
Many people forget the outside, but this should not be forgotten. Remember that first impressions count, and the exterior of the property will be the first thing anyone sees when viewing your house. The same is true of the person giving you the house valuation. Ensure any gardens are maintained, driveways cleared of excessive weeds and paintwork on the front of the property is attended to. All these things can make a big difference.

5) Ask questions
It is a good idea to make sure you leave yourself enough time to have the house valuation, rather than it being a quick appointment during your lunch hour. This is an important step and you’ll want to make sure you take your time. Have a list of questions you may like to ask as this can often make things much clearer.

6) Be sensible
It is perfectly natural to want the best and highest price for your house, and estate agents are well aware of this. Therefore, if you feel slightly unhappy with your house valuation quote, discuss this with the valuer – they should be able to set your mind at rest as to how they arrived at their figure. However, remember to be sensible. Theoretically, you can put your house up for sale for whatever amount you like, but a wise person will take account of the result of the valuation.

We hope that this article has provided you with some invaluable tips, and given you greater confidence when deciding to get your home valued. Good luck!

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Our office-warming

27.04.16

In light of our recent relocation and new staff members joining our team, we are inviting all of our valued landlords, vendors, buyers, investors and homeowners who are looking to sell/let their property to join us for an office-warming on Saturday 4th June 2016. The event will take place at our office on Frederick Road, between 12pm and 2pm. We will be welcoming our guests with Champagne & canapés, and even a close-up magician to dazzle us all with his mind-boggling slight of hand tricks.

The gathering will provide us all with a great opportunity to put faces to names, and to have a chat about the local property market with our property professionals. There is ample availability for parking outside of our office for the duration of the event. The full address for our office is:

The Coach House
14a Frederick Road
Edgbaston
Birmingham
B15 1JD

Feel free to get in touch should you require any further information about the event, or you would like to let us know that you will be attending. We look forward to seeing you all there!

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Property Investors Show London

20.04.16

Last weekend, our very own Director, Ben, and our Investments Manager, David, were flying the Davidson Estates flag alongside Pinnacle Alliance at the Property Investors Show at the ExCeL in London. The event took place over two days – Friday 15th and Saturday 16th April, and brought together estate agents and property investors from all over the country. Approximately 70 seminars, presentations and panel debates were held, bringing us face-to-face with 5000+ serious property buyers. Ben and David set off for the Big Smoke on Thursday afternoon to set up the stand and prepare themselves for the crowds of property enthusiasts flooding the convention centre over the two days. From what we’ve heard, it was hard but rewarding work, and they both feel that they gained some valuable contacts.

Pinnacle Alliance, a leading property company in the UK with whom we are working very closely, offer a selection of off plan student accommodation and residential developments across the UK, with current developments located in Salford Quays, Liverpool, Manchester, Bradford, Chester, Canterbury, Leeds and Sheffield. Paul Renton, Business Development Manager at the company, is pictured with Ben and David at the show.

If you are interested in property investments including off-plan developments nationwide, or you would like more information to explore the opportunities we and Pinnacle Alliance have to offer, give us a call and ask to speak to David Ashley.

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The latest at Davidson Estates

12.04.16

The last couple of months here at Davidson Estates has seen a few changes. We’ve moved to our shiny new office, and we’ve also gained 3 new members of staff.

Taking care of the property management side of things is Andrew, our new Property & Maintenance Manager. Andrew has come to us from a background of high volume and complex maintenance issues, and brings with him 5 years of experience in nationwide property management. He is responsible for the day-to-day running of our portfolio of fully managed properties and, having worked with him for a month now, we can honestly say he never stops going the extra mile to keep our tenants and landlords happy!

Additionally, as of Monday this week, we have had a new Sales Manager and a Sales Assistant join us – David and Tanya. Together, they will be in charge of sales appraisals and negotiations, and will be the first point of contact for any sales enquiries.

We’re thrilled to see our team growing, and to see our company moving forward. We’re very excited for what the future holds for us, and we look forward to building many new relationships as well as continuing the ones we have built over the years with many valued contacts.

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Top 10 tips for buyers

03.02.16

Searching for a property to buy can be a lengthy and stressful process. After all, you are buying your next home, of course you want everything about it to be perfect! There are numerous important questions to ask when viewing a house.

Well, in the hope that we can help you buying your dream home, we’ve listed our top 10 things to check when you’re viewing:

  1. Check for any damp on the walls. – obvious reasons.
  2. Check for any condensation on the windows – there could be an insulation problem, as well as danger of a damp problem to follow.
  3. Check how much space there is available for storage – will you have enough space for your belongings?
  4. Watch out for staging – don’t be fooled by cleverly placed mirrors, good smells, strategic lighting, cosy fires etc. Apparently, some owners even go as far as to borrow their neighbours’ pets to make the home seem more like “home”!
  5. Make sure you note which way the house faces, or even find out before you view it. If you’re a sun lover, you’re more than likely looking for a south-facing garden. Don’t settle for south-east, you don’t want to be unhappy with your purchase.
  6. Cracked window panes – check for these and check that the double glazing is intact. This could tell you a lot about how energy efficient the property is.
  7. Check that there are enough power points – if there aren’t enough, this will obviously be an extra cost you’ll face on top of the existing costs for any renovations you may want to carry out.
  8. Check that the plumbing is up to scratch – turn on a tap and see what the water pressure is like.
  9. Check what the surrounding area is like – speak to the current owners of the property if they’re present at the viewing. Other than that, your estate agent will have plenty of knowledge of the area.
  10. Finally, make sure to clarify what fixtures and fittings are included in the sale. You don’t want to come to the end of the sale and find that those light fittings you loved in the living room aren’t included because the owners bought them to replace the original ones!

Following the above guidelines should ensure a perfect sale and that you secure your perfect property. We are, of course, experienced in many property sales, and feel that the point above would help even the most particular of purchasers.

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Propcision

21.01.16

Word of a new add-on for the Rightmove website has been announced, a service called Propcision. This service will be available as an add-on to the website for Chrome and Firefox internet browsers, and Microsoft Internet Explorer soon enough, and will allow users to view extra statistics on properties for sale. The tool is only available to use for properties for sale in London at present.

For buyers in the market, this must sound like an incredible tool, and will surely save so much time in your search, especially when all you want to find out is the estimated rental income of a property. However, if a property has been unfortunate enough to have had a couple of drastic price reductions or a sale which fell through, statistics such as these will also be on show for all to see. Of course, price reductions don’t always mean bad things. The conclusion that most people jump to when they see price reductions is that the agent has been struggling to sell it, which may lead to suspicions that the property is not in the best condition and needs some work, thus incurring more costs post-sale for renovations. This (obviously) isn’t always the case, and there’s often a story behind the marketing history.

To conclude, in our opinion, good, old-fashioned communication with the estate agent will always give you the best idea of the property, its surrounding area and why it’s an all round good purchase.

What are your thoughts?

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Market your property this Christmas

01.12.15

We know, sounds crazy! Right?

Well, Rightmove seem to think it’s a splendid idea; especially being as, last year, they had over one million visitors to their website on Christmas Day alone, and it appears that millions of property hunters visit the site throughout the whole Christmas period. It seems that, as soon as the dinner’s been eaten and the Queen’s speech is over, people jump straight back into the property search. Perhaps it’s because the Christmas period is actually the only free time they have had to have a proper look at the market. Or, maybe they feel that they make their best decisions after a couple of glasses of mulled wine. Either way, the statistics show that December and January are not as quiet as you may think, and that it may just be a great idea to pop your property on the market for the festive season.

When you think about it, it makes sense to get your property out there for people to look at over the festive period, when everyone is home from work and generally not as busy as usual. People tend to just find themselves half watching what’s on TV and half browsing through properties for sale on Rightmove and Zoopla. Well, it makes sense to us, anyway.

If you are considering putting your property up for sale, simply contact us to arrange for a visit from our Sales Director for a valuation. Similarly, if you have a property to rent out, our Lettings Manager will provide you with an estimation on rental income and guide you through marketing the property through us.

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Invest with us

25.11.15

Are you interested in purchasing a property as an investment? Maybe 2 or 3? Well, we may have a few tricks up our sleeves!…

We are currently involved with developers across the country, and they all have some exciting things in the pipeline. Whether you’re looking to expand your portfolio of properties, or would like to give the investment game a go for the first time, we can advise you on the whole process of investments and property management with us. Armed with our new Investment Sales Manager, David, our investments department is growing, and we are exploring some fantastic opportunities on offer from a number of national developers, selling to investors far and wide.

We know as an investor that you’ll want to see a quick return on your investment, and with exclusive access to over a thousand discounted luxury apartments nationwide, now has never been a better time to invest in property with us. With returns of up to 30% within 12 months we are able to offer you a risk free investment with fantastic rewards.

Give us a jingle to find out more!

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Say goodbye to damp in your home!

05.04.15

When you’re renting, a common problem which can occur in your home is damp and mould. It’s not only unsightly, it smells, it can ruin your belongings and it makes your rooms feel clammy and uncomfortable.

Not being the landlord, it can sometimes feel like a good enough reason to move elsewhere, but, before you start packing your bags, there are some small and easy steps you can take yourself to stop damp being an issue!

Check out our short video for some helpful pointers on how to tackle damp first-hand by changing some of your small lifestyle habits within the home.

To stop damp, some don’ts within the home are:

  • Don’t use portable gas or paraffin heaters, as they put a lot of moisture in the air.
  • Don’t dry wet clothes on heaters, do it in a room with the door closed and the window or fan on.
  • Don’t block ventilation e.g. covering air vents, putting furniture right up to an outside-facing wall, overfilling cupboards etc. Ventilation is needed in your home to get rid of moisture.
  • Don’t cook or shower without the fan on and, afterwards, leave the fan on or the window open with the door closed so the moisture doesn’t spread throughout the house.
  • Don’t dry your clothes in a room with door open – open the window instead.
  • Even in winter and if you leave for work in the dark, don’t leave your curtains closed. Let air circulate and escape through the window vents.
  • Keep a constant temperature throughout the home, don’t restrict the heat to one room.
  • Lastly, don’t turn the heating off at night because you have a duvet – we give off lots of moisture as we sleep, it needs to be circulated and not sit in the air of the bedroom.

If the problem is persistent or appears to be getting worse, you should talk to your landlord as there are several reasons why this could be happening, and they need to step in. With repairs for damp costing anything from £200 on one wall of a terrace house to £150,000 for a whole house in a detached home, as reported by Which?, it is worth their while to repair it as it progresses.

There are many reasons for worsening damp:

  • There could be a crack in a pipe
  • There could be a leak around any of the various water outlets in the home
  • There could be a blockage in the drains with something as simple as moss or leaves
  • A roof tile may have slipped on the roof which is now allowing water through
  • You may need an extractor fan to ease circulation if you don’t already have one

Don’t let ‘damp’ ruin your home. You have the power to implement little changes that will ease the effects this could have, so why not give our tips a try now and share any more ideas you have with us.

Courtesy of rightmove.co.uk

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2014 – best year yet!

05.04.15

2014 was a successful year for Davidson Estates achieving the best sales to date. With the new found confidence in the market, they expect 2015 to be even better.