REAL ESTATE
How property valuation works
Value depends on location, condition and comparable sales.
How property valuation works
Value depends on location, condition and comparable sales.
- Compare recent sales of similar nearby properties (comps).
- Adjust for size, age, condition, parking and view.
- Rental income matters for investors; check our rental yield calculator.
- Market trends and interest rates affect prices.
- For major decisions, hire a licensed valuer.
This guide is for general information. Always verify important decisions with an official or professional source.