![]() Tracking the value of a home, whether or not you're thinking of buying and selling, is a great way to keep an eye on the market in your local area. We also overlay data from databases, government bodies and other sources – pinpointing the value of a home by looking at all of its components – land plus building.Ī whole suite of data is used to calculate your home's value, including comparable sales. ![]() property characteristics, such as the number of bedrooms, bathrooms, garages, and the size of the property’s footprint.comparable sales (ie similar homes that have sold nearby).property type (ie house, townhouse, strata title etc).To calculate a property’s value, we analyse a whole suite of data, including There are different ways to value a property, including an agent appraisal, a bank valuation and other desktop and automated valuations.Īt we use many different data points and algorithms to automate a value estimate for the local market. What is an estimated value and how is it calculated? If the value is based upon old information, for example if the house has been renovated and more bedrooms and bathrooms added, you can submit a request to update the calculation. ![]() Be sure to read through the details to make sure they're correct. A page will come up with the price estimation and what the calculation is based upon.Type the address of the property for which you wish to find the value. ![]()
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