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Buying guide
What do property valuers look for?
How to know what your home is worth
AI summary
A registered property valuation provides an accurate assessment of a home's worth, often required by banks for loans. These reports, which typically start from $1,000, are a comprehensive data exercise.
Valuers analyse key factors including:
- The house: Its condition, size, layout, and building materials.
- The land: Zoning, title type, and risks like flooding.
- The area: School zones, local amenities, and street appeal.
They also consider the current market context and recent sales to determine the final value.
Why people use property valuers
You can do your own research to start with, then call on property valuers if you want a more detailed picture.
What do property valuers look for?
1. The house
2. The land
3. The area
Property valuers will take into consideration the local area when deciding how much your home is worth.
The market context
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