How Much Is My House Worth?
What is my house worth?
Many people start with the usual online portals to determine the current market value. Most of these portals are based on computer-generated algorithms, and while they can give you an indicative idea of your properties value, it will not cover any nuances that are specific to your property such as level of renovation, consented or unconsented works, views or aspect or even for that matter school zones.
Understanding the current market value of your home is important when selling, as it manages your expectations about what to expect out of the process. Obtaining a professional real estate appraisal from Sarah Tiplady and Julie Kelman Poto ensures you get a comprehensive and insightful evaluation. The appraisal would not only consider the recent comparable sales in your area, but also provide a recommended and likely selling range based on a thorough analysis of both the sales and current market dynamics.
Additionally having a personalised consultation guides you in presenting your home to the market and achieve a top result. This is all part of the standard appraisal practice with Sarah, Julie and their team.
How much is my property worth now?
Professional real estate agent who knows the Auckland market well, such as Sarah and Julie, will be able to give you an updated value of what your property is worth now. This valuation takes into consideration the conditions of the current market and the nuances of your individual property. It is worth noting that real estate appraisals are legally valid for three months, making it a natural starting point if you’re contemplating putting your Auckland property on the market.
What is the estimated value of my home?
These are all very common questions that people ask to understand what their property will sell for in any given market. For your real estate agents to evaluate the value of your home, they must look at the data about your property and also inspect your property. An evaluation of your home must consider factors such as recent comparable sales, the property condition, the cladding, the position, the school zones, and proximity to amenities – and weigh this within the state of the current market.
Having an open and transparent conversation about the value of your home will help you gain a comprehensive understanding of the factors that influence your home’s value in the current market. Not to mention, it’s always best to have a well-informed start to your selling process. It is worth noting that some agents will promise high prices through the selling process and then not be able to deliver on those prices – in the industry, this is called ‘buying the listing’.
Sarah and Julie prefer a direct approach that allows you to make well-informed decisions. Experience has shown them that giving people the best possible realistic appraisal of their property and then exceeding the expectations of the appraisal for the selling process is a much better way of doing business! Nobody likes to feel misled or disappointed, and its one of the things that can give selling agents a bad name.
To find out what your home is worth and avoid frustration, smoke screens and disappointment – contact Sarah and Julie for a free property appraisal.