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Professional Market Values
What determines the market value of a property?
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Professional Market Values
What determines the market value of a property?
Location
Age
Condition
Style of the Build
Curb Appeal
Size of the property (land)
Size of the home, condo or townhouse
Number of Bedrooms
Number of Bathrooms
Is there a den
Is there a recreational room
Where any renovations done inside/outside
Who completed the renovations and were permits taken out
Are there unauthorized suites
Does it have a legal suite
Are there renters
Is there a pool
Is there a view - if so a view of what and how much of a view
Strata Properties (Townhouse or Condo) - in addition to the above;
What are the maintenance fees
Any updates; roof, pipping, elevators, garage membrane, balconies etc
Have there been any recent assessments - if so, for what and how much
Are there any restrictions
Are there depreciation reports
Are there any open permits with the specific municipality
If there were renos, did the sellers notify the Strata in writing for approval
If bare land strata -
Is this leased land - how much of the lease is left
Does the listing realtor have all of the strata documents available
What are the amenities
Is there a rentable suite for owners
What are the restrictions
Is there parking - is so, how many spaces are there - are the limited common or common property
Is there a storage unit - if so what size - metal or wood - are the limited common or common property
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.