A property appraisal is an assessment of the current market value of your home. Real estate brokers specialize in determining the value of a house by doing a comparative market study, which entails locating comparable homes that have sold within the past 90 days. The property appraisal will be more accurate if it matches your property to others recently sold in the neighborhood. Agents also examine the property's construction, condition, also current competitors, and broader market trends for property appraisal. Property appraisals are a vital method to figure out what your home's market is worth maybe.

information:https://tandonrealestate.com.au/blog/free-property-appraisal-in-werribbee/