Hi all
Im in the process of considering selling my property in Hills area.
In considering past sales, type of property replacement cost, condition etc to come up with a valuation, what proportion of the final valuation will be attributable to the location of the property?
To put it another way, all things considered apart from its location within a suburb, how much will the location of the property contribute to its final value?
For example will it be a 5%, 10%? difference say it was on good street x versus not so good street y?
Any property valuation gurus out there that might be able to help is much appreciated.
Im in the process of considering selling my property in Hills area.
In considering past sales, type of property replacement cost, condition etc to come up with a valuation, what proportion of the final valuation will be attributable to the location of the property?
To put it another way, all things considered apart from its location within a suburb, how much will the location of the property contribute to its final value?
For example will it be a 5%, 10%? difference say it was on good street x versus not so good street y?
Any property valuation gurus out there that might be able to help is much appreciated.