06/09/2026
Online estimates on realestate.com.au, domain, or wherever else say your home's worth a million dollars, but would a buyer actually pay you a million for it?
Online estimates are a great starting tool. They look at recent sales, land size, bedrooms, bathrooms, and historical data. But here's what they can't see. They don't walk through your front door. They don't know if you've spent one hundred and fifty thousand renovating, or if the kitchen hasn't been touched in thirty years. They can't tell you why being fifty metres further down the same street changes the outlook, the traffic, or the whole feel of the property. They struggle with views, presentation, floor plans, and anything unusual. And most importantly, they don't know what buyers are actually prepared to pay for your home today.
Two homes can look almost identical on paper, four bedrooms, two bathrooms, seven hundred square metres, same suburb, and still sell one hundred thousand dollars apart.
That's why online estimates are a great starting point, not the answer. To understand what your home could actually achieve, you need to combine the data with recent comparable sales, current buyer demand, and someone who's actually walked through the property.
Check your online estimate, it's useful. But if you're making a decision worth hundreds of thousands of dollars, you'd want more than an algorithm that's never stepped through your front door.
Want a proper appraisal? Send me a DM.
RLA222182