Knowing the worth of your home is crucial, and it is natural for you to have a keen interest in it. As the housing market is constantly shifting and evolving, it is important to keep up-to-date with the latest market trends and conditions. As a homeowner, you probably already have a price in mind for your home, and it is prudent to research sold prices of similar houses in your area to determine a realistic asking price. This is what an Estate Agent would do before visiting your home, and it helps to create a Price Guide for your property.

To get an accurate understanding of the current market conditions, you can consult various websites and media reports on the economy and the housing market. Additionally, the Major Banks publish House Price Index reports that can provide useful information on market trends. If you are still unsure, you can always contact an Estate Agent to get their professional opinion on the value of your home and what is currently selling in your area.

Ultimately, you have the power to choose the price at which you want to sell your home. However, it is essential to be realistic and objective when pricing your property. If you set the price too high, you risk deterring potential buyers and causing problems during mortgage valuation surveys. Additionally, if your home remains on the market for an extended period without selling, it may negatively impact its market value. Therefore, it is crucial to be sensible and not greedy when setting a price for your home.

Remember that your home is personal to you, and it can be challenging to separate emotions from pricing decisions. Therefore, it is essential to evaluate your property objectively to ensure that it is priced correctly. By taking these steps, you can ensure that you make informed decisions when selling your home and get the best possible price for it.