Preparing your home for Valuation

Discussion in 'The Buying & Selling Process' started by eng, 16th Jul, 2015.

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  1. Esh

    Esh Well-Known Member

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    19th Jun, 2015
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    212
    Location:
    Sydney NSW
    Well thats a good problem to have, usually they come out very conservative
     
  2. Oscara

    Oscara Member

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    23rd Jun, 2015
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    Location:
    Melbourne
    The market is moving so fast around Blackburn North it's hard to know what houses are really worth.
    What I'm noticing is there is a lot of rebuilding going on. Blackburn North which is predominantly filled with 1960's 10-12sq brick veneer homes is changing and buyers looking for that bigger newer house are comfortable with the area because if they cant find it they can build it. We did it 8 years ago and were one of the first. As prices went up the the rebuilding grew in speed. You can't walk around a corner without seeing a new house going up. It's staggering to think that not 5 min from my house there's Balwyn a suburb were my home would very easily fetch over 2mill.
     
  3. Esh

    Esh Well-Known Member

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    19th Jun, 2015
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    Location:
    Sydney NSW

    Oh wow that's amazing! This market is just so crazy. How much longer do you guys think it will be this strong for?
     
  4. Oscara

    Oscara Member

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    23rd Jun, 2015
    Posts:
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    Location:
    Melbourne
    It's hard to know, I keep thinking it can't go higher but it's not slowing. I'd like to think/hope it goes up another 10-15% that way when (if) the correction happens it'll come back to todays values.
     
    Esh likes this.
  5. Esh

    Esh Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    212
    Location:
    Sydney NSW

    I know, its crazy. I thought prices last year were over the top but now they are sounding like a good catch
     
    Oscara likes this.

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