It is a question pondered by most homeowners – what price would their property fetch if it was put onto the market?
The task of determining a home’s worth is not so straightforward. In fact, much is dependent upon valuations, appraisals, the bones of the property and what’s happening in the boarder economy.
When selling it is essential to know a home’s value to be able to determine an appropriate price guide to attract buyers. Even if you are not considering listing at the moment, it is still a good idea to keep an eye on how home values in your suburb are tracking.
So, how is it all worked out? Let’s take a look at some of the key predictors.
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