COFFS COAST SELLER’S GUIDE 6 WHAT’S YOUR PROPERTY WORTH? LOCATION & LIFESTYLE Buyers want properties that put their desired lifestyle at their fingertips. Proximity to beaches, schools and services are important considerations PRESENTATION Properties that present attractively and require little or no work tend to attract a premium compared to those on which a buyer will need to spend money to improve or repair. MARKET TRENDS Seasonality and economic conditions including interest rates, rental incomes and job stability all have an effect on property values. COMPARABLE SALES Recent prices paid for similar properties near you are an excellent indicator of what the market is willing to pay for yours. CURRENT COMPETITION Having plenty of active buyers around combined with a moderate number of properties on the market contribute to a premium price. A strong marketing campaign can also ensure you attract the maximum number of active buyers through your door.
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