In-Home Market Appraisal
Get a Market Appraisal for your home.
Are you considering selling your home in Canberra? Before weighing up your options, it’s important to get an accurate Real Estate appraisal (often referred to as a Market Appraisal) for your house based on Canberra’s current market.
As an agent with over 25 years experience conducting property appraisals in Canberra, our Principal, Peter Tolhurst is more than happy to conduct a free in-home Market Appraisal for all property within the ACT.
You'll get the statistics
With each market appraisal, we carefully evaluate your property against similar homes that have recently sold in your street and suburb. You’ll get the data around current market activity, conditions and supply vs. demand of properties just like yours.
Discover the best selling method
Whether it’s auction, private treaty, buyer ranged or price plus; we’ll give you advice that best suits you and your home, not our agency. Having a detailed strategy and plan puts you on the front foot when negotiating the best price for your property.
ADVICE ON COST-EFFECTIVE RENOVATIONS
As an agency run by a licensed builder, we’ll give you insight into renovations that will increase your house value. From a fresh coat of paint to new skirting boards, you’ll get a written report of recommendations.
What do we look at during your Market Appraisal?
Location of your property
As well as your proximity from the main shopping districts; access to public transport, nearby schools and local shopping centres or places of interest also play a major role – but this doesn’t mean a lot of people don’t prefer living in the quieter parts of town.
In general, the closer you are to places people want to go, the more desirable your home will be to potential buyers.
Zoning and re-zoning
Being able to add on a new granny flat or an extra bedroom means more potential profit for an investor, which any good Real Estate agent will take into consideration during your market appraisal.
On top of this, with many zoning changes made in Canberra over the last decade, developers are always on the lookout for properties with high economic potential to be redeveloped or completely re-built.
Energy efficiency of your house
Other extras such as wall and roof insulation are also in demand and it’s important to note that all houses sold in the ACT are legally required to advertise their EER (Energy Efficiency Rating).
Size of your dwelling
Although market value is calculated based upon how much living area you have which can be utilized, value of unused area – such as space for extensions, is added to the final price of your house.
Street appeal
Good landscaping and an attractive front garden that you can show off to your friends is definitely a good way to increase your market value.
Number of bathrooms and bedrooms
The higher the number of bedrooms, the higher its market value will be. Any seasoned Real Estate agent will compare your house with other homes having same number of bedrooms and bathrooms.
Overall condition of the house
A recently constructed house in top condition will certainly be priced higher than an older property in need of renovations.
If there are two similar houses in the same area, the house that has received recent upgrades will attract more interest and therefor demand a higher price on the market.
Kitchen facilities and appearance
Modern appliances, lots of benchtop space and good amounts of pantry storage are highly sought after by all health-conscious individuals.
The "WOW" factor
It might be a particular style of architecture, or maybe it’s just a fresh coat of paint with a modern colour palette.
Everything from impressive window furnishings through to large windows that let in the light can all be very impressive to those looking to make a home.
Location of your property
As well as your proximity from the main shopping districts; access to public transport, nearby schools and local shopping centres or places of interest also play a major role – but this doesn’t mean a lot of people don’t prefer living in the quieter parts of town.
In general, the closer you are to places people want to go, the more desirable your home will be to potential buyers.
Zoning and re-zoning
Being able to add on a new granny flat or an extra bedroom means more potential profit for an investor, which any good Real Estate agent will take into consideration during your market appraisal.
On top of this, with many zoning changes made in Canberra over the last decade, developers are always on the lookout for properties with high economic potential to be redeveloped or completely re-built.
Energy efficiency of your house
Other extras such as wall and roof insulation are also in demand and it’s important to note that all houses sold in the ACT are legally required to advertise their EER (Energy Efficiency Rating).
Size of your dwelling
Although market value is calculated based upon how much living area you have which can be utilized, value of unused area – such as space for extensions, is added to the final price of your house.
Street appeal
Good landscaping and an attractive front garden that you can show off to your friends is definitely a good way to increase your market value.
Number of bathrooms and bedrooms
The higher the number of bedrooms, the higher its market value will be. Any seasoned Real Estate agent will compare your house with other homes having same number of bedrooms and bathrooms.
Overall condition of the house
A recently constructed house in top condition will certainly be priced higher than an older property in need of renovations.
If there are two similar houses in the same area, the house that has received recent upgrades will attract more interest and therefor demand a higher price on the market.
Kitchen facilities and appearance
Modern appliances, lots of benchtop space and good amounts of pantry storage are highly sought after by all health-conscious individuals.
The "WOW" factor
It might be a particular style of architecture, or maybe it’s just a fresh coat of paint with a modern colour palette.
Everything from impressive window furnishings through to large windows that let in the light can all be very impressive to those looking to make a home.
Request a time for a free, no obligation Market Appraisal
A local, Canberran agency you can trust.
As one of the ACT’s best Real Estate Agencies, we’ll go above and beyond to make sure you’re satisfied.
Whether it’s meeting you after hours, giving you expert advice on maintenance and renovations or providing an exceptional service with no hidden charges, we’ll make sure you get the Real Estate experience that your property deserves.
No Hidden Fees
We don’t believe in keeping secrets, which is why we promise that regardless of whether you’re selling or renting here in Canberra, all fees will be explained up front.
After Hours Service
As our lives grow constantly busier with work and other commitments, it can be hard to find the time to talk. That’s why we offer our clients true after-hours service.
Licensed, In-House Builder
With access to an unbiased and fully licensed builder, you’ll get the best maintenance and renovation advice in Canberra. We use our knowledge to keep the tradies honest.
Get property advice you can count on. Book in your free, no obligation phone consultation now.
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