ROMA Blog

There are many factors to consider when arriving at a reasonable asking price or expectation of what should be achievable for each property.

Unfortunately, some things have no bearing on price:

• How much you paid for the property
• How much improvements have cost you
• What the agent would like to achieve for your
• How much you need to get

BUYERS DETERMINE PRICES OF ALL PRODUCTS INCLUDING REAL ESTATE

The best way of determining price is compare your property with similar properties which have sold recently (within 6-12months). The current market in Roma and surrounding districts have slowed in recent months forcing properties to sell well below valuation.

The other most important factors are ‘the current market conditions’ and what other properties are for sale right now. In other words, your competition.

So, how does your property compare?

• Condition
• Presentation
• Position
• Extras, such as; a pool, family room and land size just to names a few

Contact our experienced sales team at Raine and Horne Roma for a free, no obligation kerbside appraisal today - click here!