How much is my home worth in the Moreton Bay region?

If you would like a professional assessment of your property value by a team of experts, please do not hesitate to get in touch with us. In the meantime, if you would like to work out for yourself the answer to the question, “What is my house worth?” the guide below will help.

How Much is My Property Worth?

When trying to answer this question for yourself, the best place to start is with the sale prices of similarly sized houses in your area. Whether your house is on the high or low side of these prices will depend on the following factors.

  • Specific Location – Whilst it may seem sensible to assume that your home will fetch roughly the same price as other similar properties in the area, the specific plot of land that it stands on will determine whether you may be able to command a premium or whether you should be considering offering it at a discount. If, for example, your house overlooks a particularly scenic part of the local countryside or it is closer to local amenities than most other properties in the area, it could be worth more than the average asking price.
  • Kerb Appeal – If you’ve asked yourself, “What is my property worth” and thought that it should be more than the local average because it is in a better state of repair, you may well be right. Well kept properties with kerb appeal are generally easier to sell than those in a poor state of repair or that simply do not look attractive at first glance. What is your house worth as far as prospective buyers are concerned? This is the key point to bear in mind and if it inspires confidence from the moment they arrive for a viewing, the figure is likely to be higher than average.
  • Room for Improvement – If your property is standing on a plot that has plenty of room for expansion, its value is likely to be higher than other houses in the area that are standing on smaller plots or that are harder to improve for other reasons. Good access and plenty of space can add a considerable amount to the market valuation of your home. The answer to the question, “What is my property worth to a buyer who wishes to extend it?” will tip you off as to whether you may be able to ask more than the average price in your area.
  • Fittings, Fixtures & Finish – in addition to the location, lot size and size of your home, a formal valuation will take account of the fittings, fixtures and finish of your property.  For example, well presented homes with tall ceilings, high quality fittings, ducted air conditioning, quality landscaping and fresh external painting or render will always sell for more than a comparable home that doesn’t have these value-added features desired by buyers.
  • Potential Return on Investment – If rental yields are high in your specific location or the potential for future price rises are seen as favourable, you may be able to get a better price for it.

How Much Exactly Is My House Worth?

To find out the answer to this question, we invite you to call or email us whenever you have a few minutes to spare. We would be delighted to answer any specific questions you may have and to provide you with an expert market appraisal on which you can depend.

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