A low purchase price and genuine affordability are not the same thing. The gap between those two concepts is not theoretical - it has real financial consequences that emerge over the hold period.Purchase price and affordability are regularly treated as synonymous in property conversations - they are not. When the purchase price is low, affordabilit
How to Get More for Your Property Before You List
Pre-sale spending is a near-universal part of the selling process. The relationship between pre-sale spending and sale price is not always the one sellers expect. Certain categories of pre-sale spending produce no return regardless of how much is committed to them.The gap between what sellers spend preparing a property for sale and what buyers are
What Drives Affordable Home Prices in Adelaide
The cheapest property available is not always the most affordable one. The difference between the two is easy to dismiss before purchase and difficult to ignore after it.The most common misreading of affordability in residential property is equating it with purchase price alone. The psychological sense of affordability that comes with a low purchas
Finding Out What Your Home Is Worth
When most people ask what their home is worth they are expecting a definitive figure. What an appraisal actually delivers is a range built on comparable sales, adjusted for conditions, and shaped by the experience of whoever is doing the assessment.Most people treat the question of property value as though it has a clean, retrievable answer. What p
What Sellers Need to Know About Real Estate Agent Fees
For most people selling a home, the agent fee is the number they focus on before almost anything else. The percentage becomes the decision point when it should really be a starting point.The way real estate agent fees work in Australia is straightforward on the surface - a percentage of the sale price. How that percentage is set depends on the agen