When it comes to evaluating a property, you want to make sure that it is done properly. This is why you need to find a competent and experienced valuation firm. When it comes to evaluating property, a number of factors are looked at. One of the main factors is the condition of the house. Ultimately the extent of renovations done on the house and the amount of money invested into the renovations all play a part towards increasing the value of the property. Ultimately the geographical location, ability to generate an income of it as well as buyer preference are considered. So this is also a guideline for you to look at when purchasing properties. Ultimately, you want to make sure that when you resell a property, you get the maximum amount of profit out of it. You can also invest in valuation firms in Sydney to get an accurate and honest valuation of your property.