property tax How To Work Out The Value of a Property

When buying your own home or investment property you want to be really clear on the market value of a property so you don't overpay. How do you work out the market value of a property?

0:00 - Introduction
0:41 - Why you don't want to overpay for a property
1:50 - Become an expert in the areas you are focusing on by looking at past sales history
3:07 - Know exactly what suburb and property type you're targeting
4:13 - 2 or 3 past sales history isn't enough. You should look at 50-100 property sales
5:08 - Look at property sales history, not asking prices
5:51 - Get a map of the area and start to colour code it for the cheaper and more expensive areas
7:05 - You have to treat this as a business
8:10 - A lot can be done from home, but you can also take it to the next level
10:04 - Ask the real estate agent questions to get an idea of the motivation of a seller
11:10 - Sometimes knowing a suburb inside and out allows you to purchase property under market value

Recommended Video:
How To Find Properties Under Market Value - https://www.youtube.com/watch?v=W0K7f...

http://onproperty.com.au/666 - Visit the site for a full transcription and downloadable audio version of this video.

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property tax How To Work Out The Value of a Property
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Education	Upload TimePublished on 10 Apr 2019

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