The most accessible purchase price does not automatically mean the most affordable property over the full ownership period. The difference between the two is easy to dismiss before purchase and difficult to ignore after it.The most common misreading of affordability in residential property is equating it with purchase price alone. When the … Read More

The Limitations Behind Automated Valuation ModelsMost sellers check an online estimate before speaking to an agent. Understandable. Also where the first pricing misconception usually starts.That is the extent of their input. No inspection. No condition assessment. No awareness of what has changed inside the property or how … Read More

Why Property Valuation Is Not a FormulaGetting two appraisals that disagree is not evidence that one agent is wrong. It is evidence that pricing involves judgement, not just calculation.The data is public. The methodology is consistent. What varies is the interpretation of how that data applies to this property, in this mar… Read More

What a Property Appraisal Is and What It Is Used ForMost sellers have heard both terms. Fewer know what distinguishes them. Property appraisal and formal valuation are used interchangeably in everyday conversation, but they are different assessments produced by different people for different purposes - and confusing them can lead t… Read More

The Problem With Having a Number Before the AppraisalMost sellers arrive at an appraisal with a number already formed. Not a researched number. A felt one - shaped by what they paid, what they spent, what they hope to clear, or what a neighbour mentioned their place was worth two years ago. That number sits in the room before the a… Read More