Residential Property
Herron Todd White provides local residential property expertise backed by a national network.
Residential services cover homes, apartments, prestige property, vacant land and development.
Understanding the Australian residential landscape
HTW residential specialists combine local market knowledge, national property data and independent professional standards.
Frequently Asked Questions
- What types of residential property do you value?
We value every type of residential property, including houses, apartments and townhouses, prestige homes, and acreage and lifestyle properties. Each is valued by a valuer who works in that local market.
- How do you value an off-the-plan apartment?
We assess the plans and specifications, then compare the apartment with recent sales of similar, newly completed apartments. Off-the-plan contract prices are set before completion, so the value on completion can differ from the price paid.
- What makes a property "prestige"?
Prestige property sits at the top of its local market. It's typically defined by distinctive design, premium location, high build quality, and features that appeal to a specific group of buyers. What counts as prestige varies between cities and regions.
- How do you value an acreage or lifestyle property?
We compare it with sales of similar lifestyle properties in the area, adjusting for land size, the home, and improvements such as sheds, fencing, and water supply. Access, services, and distance to town can also have a significant effect on value.
- How do you value a property that needs major repairs?
We value it "as is," meaning in its current condition. This can involve comparing it with sales of similar properties in need of work, or estimating its value once repaired, then deducting the cost, risk, and return a buyer would expect for doing the work.