Quote:
Originally Posted by Citroënbender
If possible, look at nearby auction results of similar properties first. I’ve found agents to be cagey at best, veering towards covert. If a sale has done well, they usually trumpet the price loudly.
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Real estate website estimates do use nearby sales and attributes as a guide. Must be some sort of algorithm that does the calculation. I found them to be almost on par with what some of the agents are claiming, but WELL above bank valuations and what is on rates notice. So hard to gauge what is sensible.