The Property Podcast ASK454: How do I establish a property's value? PLUS: Should I rent as social housing?
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Nov 12, 2024 Learn how to effectively assess property values using comparison techniques and real estate insights. Discover the best practices for due diligence and the role of surveyors in unique cases. Also, explore the pros and cons of renting to social housing, including guaranteed income and property maintenance. The hosts provide invaluable advice to help listeners navigate these important investment decisions.
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Agent Interaction
- Contact the selling agent and ask how they determined the property's price.
- This can reveal potential overpricing and market insights.
Property Valuation
- Compare similar properties on websites like RightMove to estimate value.
- Consider property condition and location for accurate comparisons.
Social Housing Trade-off
- Social housing offers guaranteed rent with annual increases and maintenance.
- However, expect some property wear and tear during the rental period.