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What is involved in a property appraisal?

February 21, 2023

How much is my house worth?

This is perhaps the most common question asked by vendors upon the decision to sell their home.

The best way to decide what you should sell your home for is by obtaining a free property appraisal.

According to Agent Finder New Zealand, a Comparative Market Appraisal is the best way to determine your property's value, or price range.

This is determined by reviewing other properties in your area where land size, the number of bedrooms or bathrooms are compared against other homes in the suburb.

Keep in mind the method of sale recommended to sell your property, as this can help create buyer competition, and might secure you a higher sales price in the end.

Also, it is vital your appraisal has been provided in writing, with the data used also included.

In addition to this, it must be backed up by a property inspection.

It is best to choose an agent who has specialist knowledge of the suburb or type of property you are selling.

For example, if you are a landlord selling a tenanted home, or an apartment, or a deceased estate, you need an agent who has specialised knowledge in these sectors.

Your local Raine & Horne agent, who has experience with your suburb and property type can help prepare your appraisal.

For more information about an obligation-free home appraisal, contact your local Raine & Horne office.