• Internal Features – Internal positive and negative features about the property including number of bathrooms, bedrooms, type and style of fittings, floorings, age of property, windows, views.
• External Features – Positive and negative external features about the property including gardens, balcony, lawn, garages, parking, pool, tennis court, spa.
• Location Features – Positive and negative property location features including local amenities, schools, public transport, freeways, views, location to noise, shopping centre, beach.
• Zoning – Positive and negative council regulations, renovation approvals, new constructions.
• Outgoings – Such as strata fees, land tax, water, gas and electricity rates and insurances.

Under each of these sections you will need to list all of the positive and negative features of your property. You can do this on your own or even better, do it with another person or get someone to complete a list for you. This will allow you to gauge the opinion of an external party.

Once you have completed your list you need to rank the positive features from best to least favourable. Do this also for the negative features listed, ranking the worst features first and moving down to the least negative feature.

Your property appraisal is now complete. You now have thorough data outlining clearly the features of your property which will help design and determine a marketing strategy. The property appraisal will help you prepare your property, estimate the market value, help you develop marketing material for your property and prepare you for open inspections and questions that potential buyers may ask you.

Disclaimer: All information provided in this blog does not come with any guarantee in relation to its accuracy. This is our opinion in relation to issues relating to the real estate industry. Privatepoint or its employees will not be help liable for any liabilities, expenses, losses, damages or costs, that may be incurred by you or a third party as a result of or in connexion with use of this information.