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They showed me the valuation from homeside for one unit they 'sold'.. $330,000.. That's why I was confused. If the valuer looked around and didnt see any comparable sales worth $330,000, how did he/she come to the conclusion that this unit is worth $330,000 ? unless it's genuinely superior to...

Appreciate your feedback on this.. I knew it wouldn't be as easy as it sounds.. :) Just had a look at the houses surrounding this site and none of them was sold anywhere near $330,000. What I dont get is if the builder sell one of the units to themselves, how do they convince the bank to...

Was talking to a builder today about the project they are doing. block of 16 units in one of the mel western suburbs. They told me with the ones they have already sold off the plan, the bank valuation came back at $30,000 more than the price their customers paid.. Asking price: $299,000...