Ep # 32 – What is a Rental or Sale Appraisal of Property and How Do I Organise One?

The Drive Home to Hawkesbury with Rachael Goldsworthy

If you are not sure on

1. Why have a Rental Appraisal or want to know What is My Rental Property Worth? Or equally
2. Why have a Sale Appraisal or want to know What is My Property Worth?

In this episode of The Drive Home to Hawkesbury Rachael helps you navigate through What is a Rental or Sale Appraisal of Property and How to Organise One.

I Live, Love, Hawkesbury and can’t wait to get into today’s episode.

I’m Rachael Goldsworthy, and welcome to The Drive Home To Hawkesbury, where I believe every home has a story and I love sharing those stories on real estate in the Hawkesbury with you. Here we share the best ways to add value to your property, how to avoid the common mistakes people make when buying and selling property, and how to get the maximum return on your investment with a focus on supporting local business. I live love Hawkesbury, and can’t wait to get into today’s episode with you, so let’s get started.
Good morning, good afternoon, or good evening depending on what time you’re listening to this video. I’m Rachael Goldsworthy, and welcome to The Drive Home To Hawkesbury. Today I wanted to cover off on a topic of rental or sale appraisal. Now often as a real estate agent in the Hawkesbury, we get called in to appraise a property, now whether that’s with a rental property or whether it’s somebody that owns a property and they’re actually living in it, owner occupied, and they just want to get an idea as to how much their property is actually worth in the current market.
Sometimes too those properties that people have are managed by different agents, and they don’t necessarily want that particular agent to appraise the property, they want somebody like myself to appraise the property, which is absolutely fine and we’re happy to do that. So if you don’t want to have the same agent that’s leasing your property appraise your property, that’s entirely up to you as to which agent that you do choose. As an agent going out to the property, we just have a look at the property, compare it against other sales that have happened recently, the condition of the property, the fixtures and fittings that you have there, the location, the size of the block, the benefits and features, the amenities, whether there is a fire risk, termite risk. Any of those sorts of things all come into play when you’re looking at appraising a property.
Once you’ve had a look at the property, you can give the owners an idea as to what that is. It generally only takes sort of 15 minutes to half and hour, depending on the more questions you have the longer it will take. But we’re also happy to meet somebody on site if you’re unable to be there yourself, or as I say if it’s already tenanted through another agency we’re happy to help with that as well.
If you have any question in regards to appraising a property, getting an idea as to what sort of rental return you should be receiving for your property, or sale property, we’re happy to help out. I’m Rachael Goldsworthy, I can be contacted on 0418 410 498. Or you can get me at rachaelgoldsworthy.com.au, that’s our website, and also [e-mail] if you wanted to email me any of your questions, I’m happy to answer them on the next episode. Have a great day, and we’ll catch up with you again soon.
Thank you so much for taking the time out and listening to today’s episode. If you have any questions on the process of buying, selling, leasing, or strata management, please don’t hesitate to reach out to me. Be sure to subscribe on iTunes, and I’d really appreciate it if you could spread the word by liking and sharing this episode with your family and friends. I’m Rachael Goldsworthy, and I look forward to catching up with you on the next episode of The Drive Home to Hawkesbury.