We take the hassles out of your investment by assisting you with all the expertise you need, from concept to completion, including construction. Click here to see if it’s the right way for you to grow your portfolio. Demonstrated demand, based on the quarterly number of home sales, has tracked 7.2% above the previous five-year average and is 2.8% higher than a year ago. Available housing supply, based on the number of homes advertised for sale over the past four weeks, remains well below average. However, Brisbane house values are now also higher than the median house value across Melbourne, for the first time since June 2008.
It will query over a dozen other home value websites and provide you with a detailed report about your price according to them. The tool also uses Zillow as one of its sources, so you can generally expect a reliable estimate of your property value in most cases. This is not ideal for users looking to quickly check their property value. If you’re in no rush to sell and are willing to wait until you’ve gathered more information, it’s worth contacting Trulia for an estimate once you’ve submitted your details to the website. Right around Australia, thousands of home owners are relying on Online House Values to get a current, accurate online property valuation and home price.
Accurate
As of the latest compiled housing report with data through Sept 2022. The median home price in Reading was $200,000 in Sept 2022, up 9.9% from Sept 2021 and 29% from January 2022. The number of home sales in Adamstown was a mere 5, up 25% from last year and down 50% from June of this year. Median days on the market, as well as the number of sales, is too small to have a statistically significant result that can be used for analysis.
- It uses real-time market trend data, along with the most unique characteristics of your home, to come up with an accurate valuation (not to brag, but our tool has a 90% accuracy rate predicting a home’s value).
- Like many other experts, Pettee isn’t concerned about a repeat of the subprime mortgage crash.
- For example, install smart devices that control your thermostat, main water shutoff valve, and electrical devices.
- The HomesEstimate for a property can change when the property sells, a real estate agent provides a market appraisal or a homeowner provides a valuation from a registered valuer.
Essentially, any situation in which you’ll be borrowing money or working with a lender merits a professional estimate. This includes buying another property, refinancing your mortgage, selling your home, or taking out a home improvement loan. An appraisal is an estimate of a home’s value that is made by an unbiased and licensed professional.