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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 independent assessment of a home's worth, often required by banks for loans and starting from around $1,000. Valuers conduct a comprehensive data-driven analysis.
They assess key factors including:
- The house: Size, layout, condition, and building materials.
- The land: Zoning, title type, and risks like flooding.
- The area: School zones, amenities, and street appeal.
Current market conditions and recent comparable sales data are also crucial to 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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