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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. While free tools offer estimates, a professional report starts from around $1,000.
Valuers conduct a comprehensive analysis, looking at:
- The house: its size, layout, condition, and materials.
- The land: zoning, title type, and risks like flooding.
- The area: school zones, amenities, and street appeal.
Current market context and recent sales data are also crucial factors in determining the final figure.
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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