When it comes to predicting the value of our own properties, we may be a bit biased to believe they’re worth more than they really are. Of course, we sentimentalize our homes because they’re filled with personal memories, and frankly potential buyers simply don’t value our properties the same way that we might. In fact, according to a survey conducted by Gavl, more than half of Melbourne and Sydney agents said managing vendors’ expectations was the biggest challenge they faced this year.
When it comes down to it, three key steps can help you get the right price for your home: doing your own research, assessing your home against properties similar to yours and enlisting the help of a agent. It is also wise to seek an independent valuation from a property expert, valuer or a vendor advocate. For more on how to accurately determine your property’s worth, head to Realestate.com.au to read the rest of the article.