Estimating Property Value - How it Works

Using PropertyPricer’s complex mathematical formulas we measure a property’s individual special features, and locality criteria using the points system to determine the property’s total point score.

The measurement formula rates the property in terms of total points, and then converts the points to an actual dollar figure using special adaptation of CoreLogic’s suburb / town sales data. Combining the current market conditions and the buyer’s and seller’s emotional and personal circumstances, the final predicted selling price is generated.

Step 1: Type and size of the building

e.g. 4 bedroom brick veneer house two or more levels, 200m2

Step 2: style, Condition and Room Sizes

e.g. Modern kitchen with high end appliances, bathroom renovated in the last 10 years, large media room and the floor coverings are in excellent condition.

Step 3: SPECIAL FEATURES

Land size and features that make the property unique e.g. pool, entertaining area, security system, granny flat etc).

Step 4: details about ASPECT AND PROXIMITY

e.g. What is the aspect of the property (north or south facing)? Is it a short walk or drive to schools, shops, and public transport? Does it have a street or water view? What is the condition of the lawns and gardens?

Step 5: PROPERTY LOCATION

Search for your suburb or town. Avalon Paddington Glebe Coogee Cremorne Stirling Lawson Campbelltown Box Hill Newtown Sandy Bay Manly St Lucia Glenorchy Fremantle Lismore Rosebery Fannie Bay Broome Cairns Noosa Byron Bay Geelong Surfers Paradise Coffs Harbour Launceston

CoreLogic is the best and most reliable source of sales data for residential properties.

Underlying Total Property VALUE $

$ 0

Example

Step 6: CURRENT MARKET CONDITIONS AND EMOTIONAL / PERSONAL CIRCUMSTANCES

e.g. there is a shortage of properties so prices are increasing and there are many buyers. How motivated is the seller and buyer? How attached are they to the property?

PREDICTED SELLING PRICE

$ 0