Property Appraisals

 

If you would like to sell or rent a property in Daylesford, Castlemaine or the Macedon Ranges, PARKSTONE Real Estate are the real estate agents with the energy, vision and established connections to produce the results. 

Arranging a no-obligation, confidential property appraisal is a great way to find out the numbers behind what the local property market is doing at that point in time, and is a very important step to understanding the real value of your property. 

When you know the facts about the value of your most important asset, only then with all the information at your disposal can you make smarter decisions on how best to achieve your real estate goals.

To arrange for an experienced member of one of our sales or rentals team to appraise your property, please complete the form and we will be in contact to assist you with your enquiry.

 

Call 03 9115 7328 

 

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Property Appraisal Daylesford, Castlemaine, Macedon Ranges


Property Appraisal PARKSTONE Real Estate | Daylesford | Castlemaine | Macedon Ranges | Melbourne | Estate Agents & Property Managers

Understanding Property Appraisals

There is never a 'right time' to sell your property, it really comes down to your own personal circumstances and knowing yourself that the time has come to make the move.  Once you have made the decision, there are then a few points to consider, here are just a few: 

- Which real estate agent am I going to hire? 

- How much is my property really worth? 

- You will need to gain an understanding of your local real estate market so you can make an informed decision on what price you should be asking. 

- What should I be doing to maximise the value of my property? 

Perhaps the most important point to consider, other than hiring an intelligent real estate agent, is how much is my property really worth? To properly answer this question you must arrange a property appraisal with a good quality real estate agent. 

How Much is My Home Worth? - Property Appraisal Explained

In short, a property appraisal is an educated estimate of the price of your property in comparison to the local real estate market. The best real estate agents will know how to accurately assess the value of your Daylesford, Castlemaine, or Macedon Ranges home.

In order to correctly set a price estimation of your property, your Daylesford, Castlemaine and Macedon Ranges real estate agent will run a comparative market analysis on all the homes that have been on the market over at least the past 12-months. This involves assessing all the homes that have recently sold along with those that have not sold along with the location, number of bedrooms, current local listings, overall structure, and condition of your home.

A thorough and analytical property appraisal is certainly the best way to understand the value of your property and the potential market value at the point in time that your appraisal is conducted.

 

Daylesford Real Estate Appraisal

 

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Property Appraisal Process 

The Location of your Property

The adage ‘location, location, location!’ is a crucial component when apprising your property. The Daylesford, Castlemaine and Macedon Ranges are a highly sought-after area in Central Victoria with many local and city buyers keen to find their perfect country lifestyle property.

Whilst street aspect is important, if this needs a little help your PARKSTONE Real Estate Agent will point you in the right direction, it is not necessarily the post important factor when appraising your property. Your Daylesford, Castlemaine and Macedon Ranges real estate agent will also factor in the proximity to local shops and amenities, the local gymnasium and other lifestyle facilities that many buyers find important, along with local school catchments, access to public transport and even the size and amount of traffic on your street compared to other residential pockets in the immediate area.

The Layout and Flow of your Property

When conducting your property appraisal, your Daylesford, Castlemaine and Macedon Ranges real estate agent will assess not only the layout of the physical house but also the land component of your property.

Some of the key considerations that are taken into account are the size of your home relative to your parcel of land, the size and flow of your main living areas and how your property layout compares to other properties that have recently sold in the area.

Other considerations will be the amenities and how user friendly they are such as car parking availability, whether that be a lock up garage, car port etc. alongside the garden and landscaping at your property.

The Bedroom Composition of your Property

Bedrooms are an important element of any property appraisal process. In most instances people assume that the more bedrooms there are, the higher the market value of the property tends to be; however, this is not necessarily the case.

When conducting your property appraisal your Daylesford, Castlemaine and Macedon Ranges real estate agent will take the time to accurately assess the size and feel of the bedrooms.

Key considerations range from the size and flow of any en-suite bathrooms, the size and arrangement of any built-in robes or walk in robes and the aspect and views from the master bedroom.

Most important, your PARKSTONE Real Estate Agent will be able to accurately assess how your bedroom layout compare to similar properties that have recently sold in the Daylesford, Castlemaine and Macedon Ranges area.

Castlemaine Property Appraisal