Five factors included in an appraisal: · Location and market conditions: How well is your suburb performing? Your agent should have data to support their claim about how much the median house price of your area is growing. REIQ agents have free access to CoreLogic data via our quarterly report, the Queensland Market Monitor. · Recent similar sales: The agent you choose should be an expert in your suburb and should be able to talk about similar homes that have sold recently (within the past three months) and the prices achieved. · Maintenance and renovations: How much work have you done on the property?
How old is the kitchen and the bathroom? What is the front of the property like? Does it have good kerb appeal? These are factors that go into the appraisal figure. · Supply vs demand: Your agent should also be confident talking about supply and demand in your area. Does the agent have a list of buyers waiting for a similar property to yours? · Amenity: Are you near schools, shops, or public transport? Do you have a pleasant outlook? Is it a quiet street? These are not the only factors that are part of the appraisal but they make up a significant part of how the figure is arrived at. When you are talking with your agent, do they speak confidently and calmly about the figure they are presenting? These are signals that your agent is confident in the accuracy of your appraisal. ● - Real Estate Institute of Qld
13 Tecoma Street, Killarney DUMIGAN HOUSE Dumigan House arrived in Killarney in 1890 on the back of a horse and dray coming all the way from Stanthorpe. Now located at 13 Tecoma Street this beautifully restored home is a credit to the current owners. With sweeping verandas on 3 sides you will enjoy taking in the lovely views of Killarney and surrounding rural country side. This home sits on a large 4559sqm block giving you plenty of room for a horse or some chickens. •2baygarage •3bedroomsallwithbuilt-ins •Rainwatertanks •Largekitchen/dining •Separatetoilet •Insidelaundry •Bathroom •Loungeroomwithwoodheater •Frenchdoorsinmostroomsleadingoutontotheverandas
Contact Price
RobertFinlay0427578155 $435,000
12381791-RA11-18
When you start thinking about selling your property one of the factors that go into that decision-making process is how much you could get for your property. A market appraisal from a real estate agent will help you understand where the market is and what you could potentially sell your property for. However, there are a range of factors that go into a market appraisal and a key concern for consumers is that the appraisal figure provided by the agent is not overinflated. This is called "buying the listing" - when an agent tells you that your property could fetch more than it realistically could. How can you be sure your agent is giving you an accurate figure? Talk to them about the factors that went into their appraisal. They should be able to clearly demonstrate the reasons they have arrived at the figure they have.
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WHAT FACTORS GO INTO AN APPRAISAL?
Orchard Grove Rosenthal Heights
BRAND NEW HOMES FROM $350,000 BRAND NEW DUPLEX PAIRS FROM $466,000 Prices are on the rise now that Warwick has made it into the Top 5 Qld Regional Hotspots. The $20,000 First Home Buyers Grant has been extended to 30th June 2018. Now is the time to buy your first home, upgrade to your next home, start or expand your existing property portfolio. Ideally located in prestigeous Rosenthal Heights, just 3.5 klm from Warwick’s CBD - investment into this boutique estate is a limited opportunity with just 66 lots offering modern family living close to all conveniences. Orchard Grove’s first Stage is now 42% sold out. The final 2 stages are not due to be released until end of 2018 with prices being set to match the rising market.
Photo is indicative only, of recently completed, same 4 bedroom design.
FIRST
RE
EN LEAS
2% S OW 4
OLD
Elevated, ready-to-build on, level blocks enjoying sweeping panoramic views of the surrounding mountain ranges and cooler breezes.
Contact Michael Kljaic 0438 044 218 : sales@aussalesrealestate.com 12381597-LD10-18
freetimes.com.au
Thursday, 8 March, 2018
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SOUTHERN FREE TIMES 17