Property Chat with Lachy and Matt
Everyone has an opinion when it comes to property. Friends, family, coworkers, your real estate or finance brokers. So it can be hard to know what advice to listen to when it's often coming from people who are invested in the outcome. In an effort to help listeners make sense of it all, Lachy and Matt draw on years of real estate experience to offer impartial advice on everything property related. Whether it be buying, selling, investing, renting, renovating, property finance, they cover it all in an effort to give back and help you make smarter, more educated, and more strategic property decisions.
Property Chat with Lachy and Matt
How do you determine a property's value?
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Lachlan Macdonald and Matt Farrugia
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Season 1
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Episode 25
How do you determine a property's value? A huge part of our job as agents is assessing the current market value of a property, but how exactly do we go about it? And how does an appraisal differ from a valuation?
In this episode Lachy and Matt discuss the process involved in determining the price of a property, how to differentiate between a logical value and an emotional or market value, and why both of these can differ significantly from the online property price estimates available through your bank and the major real estate websites.