How much is my Mornington Peninsula property worth?

If the time has come to sell, or you're exploring options but wondering how much you are realistically likely to get for your property. Then you are not alone, it is one of the most commonly asked questions of our team here at Abode Peninsula. 

So where do you go next?

Reaching out to a reliable and experienced local real estate agent that you trust will give you an opportunity to receive a current market appraisal. It's important to chat to someone who knows the local market and will give you honest and informative information about the market and just as importantly, your property. 

Here are some of the steps involved in the process:

Comprehensive assessment

A member of the Abode Peninsula team will assess the features of your property, their judgment is typically based on the size of the property, including the number of bedrooms and bathrooms. Your property's overall condition, its fixtures and fittings are also part of the equation.

Location, location

So much of a property's value is dependent on its location. Especially on the Mornington Peninsula! An agent will assess potential value based on its proximity to amenities, transport, schools, shops and other desirable locations, such as the beach or local restaurants, which we have some amazing ones in our corner of the world.

Local sales records

An agent will calibrate their assessment of your property with an analysis of recent sales data. Usually, this is based on the previous 90 days taking into account the results across all property transactions with particular focus on those with similarities to yours. 

Potential upgrades

The benefit of talking to a local agent you can trust is we  may also suggest improvements we believe could add value to your home. This advice may help you maximise the sale price of your property and is typically based on our experience and the feedback we are receiving from the market currently. 

The verdict

We will provide you with not only an assessment of value but also a price guide to take into account the price fluctuations your area might be experiencing in the current market. This provides a fantastic starting point for you to consider your options and what the next step is that's right for you and your individual circumstances. 

One of the easiest parts of selling your property on the Mornington Peninsula is having a chat with a member of Abode Peninsula. We pride ourselves on being approachable, knowledgeable and honest. As a 100% independent, family owned and run local business we are always happy to offer advice on the local market that you can trust without the pushy sales approach.