Know your Properties sales value

There are various reasons and motivations behind getting a property evaluation, including disputing rates and tax assessment, divorce proceedings, sales considerations, personal balance sheet updates, further lending on your property etc. While getting an evaluator out is going to cost you a licensed estate agent will likely not charge you for a sales price determination You should get sales price determination done yearly just to keep your understanding of your asset market value current. It is important to note there are differences in Market Value, Sales value, Insurance value, Municipal value, and replacement value. While some values like replacement value is almost certain to increase, others like the value on the market can go up or down depending on various factors, In fact in most areas of Johannesburg the market value of property has gone down in recent years