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Online vs detailed appraisal
What's the difference?
The purpose of a detailed, professional market appraisal is to cover 3 key areas. These include:
- The likely price range your property could achieve based on current marketing conditions and competition
- Recommendations to assist you to achieve the best outcome in a sales process
- Marketing advice to suit your property and circumstances.
Our online appraisal gives you a house sale price estimate only and is a great place to start your journey.
What will agents take into consideration in the detailed estimate
Agents consider your property as a whole, including size, location, condition, special features and factors currently effecting the market.
Property size
Your real estate agent will take into account the size of the block, the overall living space and how many rooms the home has. The more bedrooms, the higher the price your property could sell for, but that’s not the end of the story
Location
The location of your property is perhaps its biggest selling point. In fact, it’s so important that in some cases, houses on one street can go for more money than the ones just one block over.
Interior condition
New carpets? The latest in light fittings? Buyers will often pay more for a home with new or upscale interior fittings and fixtures because it means that they don’t have to spend more money on updating it.
The local market
Online data can tell you what homes have sold for recently that are similar to yours and near you. What it can’t tell you is how many people came through the open homes and what feedback those people gave about what they were looking for in a property.
Your needs
This may include timing, personal requirements in the sale process, contingencies that need to be addressed, and support required. A professional agent can provide advice about property enhancements that could improve your bottom line or recommendations on seasonal and other impacts of decision making.
Got questions about the selling process?
Maybe it’s the first time you’re selling, or maybe it’s been a while since you’ve put your home on the market. Either way, we’re happy to answer any questions you’ve got to help make the experience as smooth as possible. Drop us a line!