Homeowners seeking a property appraisal generally expect to walk away with a single number. What they get from a property appraisal is a range, a set of assumptions, and an answer that can shift depending on who is doing the calculating.The question of what a house is worth sounds simple. The process behind answering it is not. Knowing what… Read More
Two suburbs can sit fifteen minutes apart and sell for prices that differ by two hundred thousand dollars. The explanation for that gap contains more useful market information than the median figures themselves.Suburb-to-suburb price comparison is a standard part of how buyers and sellers orient themselves in a property market. They are als… Read More
Most sellers commit some level of spending to their property before it goes to market. Not all of it comes back at settlement. Some of it never had a chance of returning anything at all.The gap between what sellers spend preparing a property for sale and what buyers are actually willing to pay for is one of the most consistent sources of fi… Read More
People making property decisions in Adelaide after years in Sydney or Melbourne often bring the wrong framework with them. A framework built on eastern capital market behaviour is not the right tool for reading the Adelaide market.Adelaide operates as a distinct market with its own structural features, demand composition, and price behaviou… Read More
The Problem With Having a Number Before the AppraisalIt happens quietly. A seller does not announce they have already decided what the property is worth. But the figure is there. And when the appraisal lands somewhere different, the gap between the two produces friction that is difficult to work through productively.Startin… Read More