When calculating the worth of your home, we as sales agents will take a number of elements into account when calculating the appraisal price and how we feel your home would fit in line with market expectations.

Property type and land size

We will look at the type of home that you own as well as the size and the location of the land. 

If your home is in a highly desirable area, close to shops, amenities, and schools, then you may find that the appraisal price is higher as it may be in higher demand for a wider demographic of buyers.

Your home’s age, size, and style will be considered, and we will look at whether it’s a house, townhouse, or an apartment as part of a strata complex or lifestyle property. All these features will impact the value of your home depending on the market demand.

Comparable property sales

In addition to your home type and land size, recent comparable property sales will also be investigated and measured to calculate the appraisal price. 

Using a number of data sources, we will find similar properties that have sold in the suburb or surrounding suburbs, and these will be included in your appraisal to show how the appraisal figure was calculated.

Market trends

Property markets are constantly changing; however, as experienced agents will be able to look at recent and historical market trends and factors that have influenced property prices in your area. 

We will also have knowledge of potential developments and improvements to the area and understand how this may impact the price of your home and the elements that may interest or detract prospective buyers.

Even if you are not considering selling today, it is a good idea to keep track of the value of your home and the conditions of the market in your area. 

Contact me during the week, after work or at the weekend to make an appointment with you to appraise your home and keep you up to date with the current market whether you want to sell now or in the future.

Related reading: What’s the difference between an appraisal and a property valuation

Thanks for reading.

  Wishing you a successful day.

Want to know what your home is worth today?  Has your home doubled in price in the last 10 years? 

Click the link and tell us who you are so we can answer these questions and give you a snapshot look at the current market especially if you are considering selling sometime soon.

What’s happening in the market in real time? Ask Matt to explain the real time data available in our monthly publication of the Ray White NOW book.

Interested in auction results – our Competition Creators booklet outlines the auction process and the results of our weekly auctions. Chat or txt Matt today 0274 951 536 for copies of either publication. Of course if you prefer email we can send copies to your inbox.

  • If you have a question on the local Real Estate market
  • Should you spend money on a Reno of your home before you sell
  • How to contact a Mortgage Broker
  • How to contact a Property Manager

Have a chat with Matt Wineera on 0274 951 536 who is always on hand to answer your query. His advice is given freely and without obligation.

Work with Matt Wineera who lists and sells homes in the Tauranga, Mount Maunganui and Papamoa and Te Puke areas.

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Matt continually achieves great results for Home Owners through his negotiation skills and vast real estate experience, knowledge and expertise.

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