rperson of the Seeff Property Group17:T59f,

A:Each area and property is different. A local area agent will do a thorough assessment based on various factors.

These include:

• Assessment of sales over the past three to six months to gauge what buyers are paying.

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• The location of the property. If it is in a popular location, the price would be in the upper percentile compared to a less favourable location which might put it in the lower percentile when looking at the range of prices achieved in the area.

• Valuing the property in terms of its age, size and condition. The better the condition, the higher the price. Features such as security, safe parking, a swimming pool and neat garden are value-adding factors. Excessive bedrooms and features might, however, not add to the price.

• Trends in the area also affect the price of a home. While deterioration will be a drawback, development can add a premium to the price.

• Stock levels are also considered. If there is an oversupply, sellers face stiffer competition and prices come under pressure. If there is a shortage, sellers can usually expect higher prices.

– Samuel Seeff, chairperson of the Seeff Property Group

18:T4a9,A:Each area and property is different. A local area agent will do a thorough assessment based on various factors.These include:• Assessment of sales over the past three to six months to gauge what buyers are paying.Read the latest Simply Green digital magazinehere• The location of the property. If it is in a popular location, the price would be in the upper percentile compared to a less favourable location which might put it in the lower percentile when looking at the range of prices achieved in the area.• Valuing the property in terms of i