If you are thinking of selling or looking to raise finance to buy or renovate, you are likely to start by finding out the value of your property.

If selling you may want to put an asking price on your property or will be asked to set a reserve for an auction for the lowest amount you are willing to sell for. If buying, you may want to know how much you will need to bid or offer to buy the property.

Of course the price a property sells for is what someone is willing to pay and it may actually be worth more, or less, than what it sells for on the day.

But it’s important to do your research and understand the expected market value before you apply to borrow against it, put it on the market or look to buy.

Read more here: Herald Homes – How To Value Your Home