The Estimated Value is not a professional valuation; rather it is calculated to provide a general guideline for property related conversations.
An Estimated Value should not be relied upon in lieu of professional advice and we encourage homeowners, buyers, investors to exercise their own skill and judgment when considering investment decisions, seek professional advice where appropriate and conduct other research.
Professional Valuations are performed by certified or registered practising valuers who are able to inspect the property and local area, and perform a valuation in accordance with the required professional standards. Conversely, an Estimated Value relies on public data to determine approximate market value based on local market trends.
The Estimated Value does not have awareness of the physical condition of the property, including renovations or improvements, or the particular location or views that may affect market price.