Tagged: adding value to property

Learn to Speak Real Estate – Property Valuations

Number 6 in a series of short articles by a Victorian author, educator and real estate agent. What are Property Valuations? Value is a tricky thing in real estate. How do you judge? Who judges? Is it important? When is it important? Property is different than a lot of other purchases you make. The value is what someone is prepared to pay. You could add up all the bits and pieces that make up the property and say the total is $x dollars. ‘The market’ may disagree and not want to pay that much or because of position, scarcity or...
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