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#1
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| How does one determine the price of your property. I know that there is no clear cut answer but their should at least be an outline in guiding you mr property please answer have a great weekend! ![]() I |
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#2
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| One way of doing it is to take the municipal valuation and add 50% .... and wait until the property agent blinks and if the valuation has been done fairly recently. The valuation is usually somewhere on the bill. You can also work it backwards from the amount of rates and taxes you pay. Another is to look at what the bank has valued the property at for replacement purposes. The latter is a fair indication of the current price because the banks (rapacious as they are) will not undervalue the property (they still own until you have paid it off in full)! |
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