What to know
- Compare recent relevant sales, not only advertised asking prices.
- Adjust for differences in size, condition, views, parking, improvements and title.
- Be cautious of an inflated valuation offered only to secure a mandate.
- Review market feedback if a correctly marketed property receives little qualified interest.
Important Information
The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.
