ABOUT PROPERTY APPRAISALS
So, what is your Property Value Estimate?
Learn your estimated property value in the Sydney Property Market. How does this property value estimator work? We do all the hard work for you and you'll receive a detailed report including the following:
01. Estimated property value
We perform a Comparative Market Analysis (CMA) on your property. This is where we consider its similarities and differences from other recent sales of the same property type. This is how we learn what purchasers are paying for homes like yours in the current market and formulate your estimated property value.
02. Demographics
As Real Estate Agents, we are masters of property data. We can see what demographics are living and buying in any particular suburb. We can also tap into our experience and knowledge to determine demographic interest per property type.
03. Data on neighbouring properties
As appraisals are comparable by nature, we maintain transparency by including all comparable properties. We also include their stats, such as their sale price, days-on-market, price adjustments, etc.
04. 10-year suburb median price graph
Also included in your property valuation report is the 10-year graph of the median price in your property's suburb. Studying this allows us to see patterns and understand the different stages in the property cycle. This is also an excellent tool to help shift our mindset away from the current value to what's most important; the appreciation since your purchase!
