Online value tools vs CMA/Appraisals
Why the instant online estimate on your phone isn't the same as a proper market appraisal, and what that difference means when you're deciding what your home is really worth.
Type your address into any property website and you'll get a number in seconds. But what does that number actually tell you? In this episode, I break down the difference between automated valuation models, the online tools that crunch recent sales data, and a proper CMA, a comparative market analysis / appraisal done by someone who knows your street, your suburb, and the market you're actually selling into.
Steven Overend | Your Local Agent
Licensed Salesperson REAA 2008 | Arizto Ltd. Licensed REAA 2008
Friendly, considered local advice on buying and selling across Christchurch, with a particular passion for the Eastern suburbs. If this episode has sparked a question about your own move, I'd be glad to chat no pressure, just a conversation.