Seattle Rental Property Assessment Services For Homeowners
Tailored Inspection Services for Seattle Property Owners and Investors
Do you have a rental property and are you trying to decide how to best maximize your investment returns? ACRES Property Management offers an expert property assessment!
We carry out a detailed property assessment, including a visual report of the property condition, allowing you to know the improvements that can add value and potentially increase the profitability of your property.
Conduct Comprehensive Rental Property Assessment With Us
Why burden yourself with all rental assessment responsibilities when you can trust an expert? At ACRES Property Management, our multi-disciplinary team of experts ensures that your rental property remains habitable, competitive and appealing to your quality tenants at all times. We understand the importance of regular rental property assessment and how it affects the value of your Seattle rental property and its vacancy rate. Our periodic property assessment services protect your Seattle rental property against potential damage and early deterioration and help you evaluate its best market performance. We have deep insight into the current rental market that helps us set competitive rental prices, making the most out of your Seattle investment.
Book a rental property assessment with ACRES Property Management to discuss your rental requirement. Let us forecast the best-suited rental model for your Seattle property and the maximum rent you can expect.
Forecast your costs
Get a detailed visual report
Improve rental value
Ensure less chance of void period
Improve capital value
Thorough market research
Comprehensive rental analysis
Competitive rental prices
How We Assess Your Seattle Rental Property
We offer step-by-step rental assessments with our experienced letting professionals that includes valuation on your property, advice on its condition and recommendations to improve its market performance.
Evaluating The Physical Condition
We have a proactive evaluation system that encompasses each aspect of your property, including roof, foundation, plumbing, HVAC and electrical. We perform general upkeep of your property and carry regular maintenance to boost the habitability of your property.
Determining The Financial Performance
We continuously track the returns and profits on your property to determine its financial performance. Our team reviews your monthly/yearly profit after deducting expenses related to vacancy, repairs and maintenance to ensure whether you have positive cash flow.
Conducting A Market Comparison
We conduct thorough market research to ensure if your property is priced correctly and competitively. Our team conducts extensive analysis of nearby rental properties in the area similar to yours in location, size, condition, age and amenities to get the most accurate market comparison and calculate the price.
Setting Competitive Rental Prices
After conducting a detailed assessment of your property and collecting valuable data, we review the information against various rental models that might work for your property and analyze the data to create an assessment report and set the competitive rental prices.
Frequently Asked Questions
What is rental property assessment?
A rental property assessment is a complete evaluation of your unit that helps you track the condition of your rental, understand its financial performance, set the right rental prices and maximize its capital value.
How long does it take?
Ideally, a property assessment report will be available within three to six weeks after completing the assessment process.
Why is it necessary to reassess property?
Since Seattle is a competitive rental market, property values keep rising and following over time. Regular reassessment of the property allows owners to track current rental value and set the right prices accordingly to increase profit.
How do I read my assessment notice?
We provide an annual assessment notice to our clients, indicating changes in your property’s assessed value and the taxable value. The numbers reflect the potential rent of the property and the value you will pay taxes on.
How will local assessment caps affect me?
It depends on the percentage of taxable assessments set by the local government. You will get greater savings if the percentage set by the government is lower.
What should I do if I don’t agree with the assessment?
Owners may appeal to a new market value within a few days. We can discuss your appeal through personal meetings, phone calls and emails and give you a decision based on the total market value of the property.
What happens if the real estate market goes down?
Seattle is a competitive rental market. Hence, the chances that it will go down are very less. But if it happens, our team will consider the current rental prices and recommend the best value for your property, ensuring profit.
What if I have more questions about the assessment?
You can approach us anytime to solve your queries concerning rental property assessments and taxation. We are available around the clock to resolve all your doubts.
We conduct walk-throughs and move-in and out inspections at quarterly intervals to evaluate the condition of your property. Our professional inspectors cover every corner of the property to spot significant alterations and fix them on priority to maintain the value of your property and boost its performance in the Seattle rental market.
Complete Lease Compliance
We ensure lease compliance while performing rental assessments regarding the number of occupants, type of pets, smoking and more. We strictly follow the rules and regulations from the fair housing laws to ensure your tenants have a safe and habitable rental home.
Our qualified and experienced contractors perform preventative maintenance at cost-effective prices to prevent major repair issues from escalating and reduce operational costs. They offer quality maintenance and repair services at reasonable prices, keeping your property safe and habitable in the long run.
Want to Learn More?