EP. 1714 - BUT MY VALUATION CAME IN HIGHER…

📊 Thinking about getting a property valuation? Timing matters. A valuation isn't a prediction of where the market is going—it's simply a snapshot of where the market has been, based on recent settled sales. In a changing market, that number can shift quickly. A valuation completed today could look very different in just a few months' time. A few things to keep in mind: ✔️ Valuations are based on past sales, not today's live market ✔️ Different valuers can produce very different results ✔️ Banks often take a more conservative approach during uncertain markets ✔️ A valuation can impact your refinancing options and future buying power ✔️ If you're upsizing, focus on your overall position—not just the sale price of your current home One recent example saw valuations on the same property range from $850,000 to $1.1 million within a two-week period. The takeaway? Don't get too attached to a valuation figure. It's one piece of the puzzle, not the full story. Thinking about refinancing, selling or buying? Now might be the time to understand exactly where you stand. 📈 #PropertyMarket #PropertyValuation #RealEstate #NorthernBeaches #PropertyInvestment #HomeOwners #PropertyTips #Refinance #RealEstateAustralia