Q & A Whats the market price of my property?

q and a

Market Price

QUESTION

How do I establish the current market price of my property?

ANSWER

There are many factors influencing price and these include prevailing interest rates, availability of
finance, the number of properties or lack of properties for sale in your immediate area, visual
appeal, fixtures and fittings, presentation of the property and general location.
A tennis court, spa, swimming pool, granny flat, or view are all special features that will affect the
market price.
The prospect of further development or redevelopment will attract a wider range of buyers and
possibly increase the price of a property.
It is important to compare your home with others that are similar. A good real estate agent will be
able to provide details of comparable properties, recent sales and current properties for sale to
assist you in establishing your market price.
I’ll explain more about how to set your price next week, but in the meantime, don’t hesitate to
contact me if you wish to discuss market trends.

Please contact me.

 

If you are interested in the Real Estate Market and want to find out the prices of recently sold properties, you can download our FREE report HERE.

You can also review our current listings
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Paul Basso

Author Paul Basso

Established in 2000, First National Basso is a business based on transparency, honesty, personal service and trust. With a commitment to innovation, First National Basso has continually evolved and grown to become one of the longest running and most trusted real estate teams on the Mornington Peninsula.

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