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Residential property valuation is a comprehensive process that involves assessing the value of a residential property based on various factors such as location, size, condition, and market trends. This valuation is crucial for homeowners, buyers, and investors to make informed decisions regarding buying, selling, or refinancing a property. The valuation process may involve a detailed analysis of the property itself, as well as a comparison with similar properties in the area to ensure an accurate assessment. By understanding the true value of a property, individuals can better navigate the real estate market and achieve their financial goals.
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