Stop Guessing: How to Know What a Property Is Worth

About this episode

In this episode, Veronica Meighan discusses how to accurately assess property value to make informed buying decisions.

Setting your offer price sounds simple — but knowing what a property is actually worth is where most buyers get stuck. In this episode, Veronica and Meighan break down how to properly assess property value so you can make confident, informed decisions before you make an offer. They explain why relying on price guides, emotions, or outdated sales data can lead to overpaying or repeatedly missing out, and how professionals actually calculate value using comparable sales, market behaviour, and on-the-ground insights. You’ll learn how to analyse properties more objectively, adjust for key differences, and decide your walkaway price with evidence—not guesswork —so you can move forward with clarity and avoid costly mistakes. Episode Highlights 03:52 — Why Buyers Misjudge Property Value 05:42 — Price Guides vs Underquoting Explained 07:41 — How to Use Comparable Sales Properly 10:26 — Adjusting Property Value for Key Differences 13:38 — How Market Conditions Affect Property Value 14:25 — Reading Buyer Behaviour and Competition 17:10 — Common Property Pricing Mistakes to Avoid 19:18 — The Hidden Cost of Pricing a Property Wrong 22:31 — Why Learning to Price Property Changes Everything…

People in this episode

Host: Veronica Meighan

Topics covered

• property value assessment
• buying strategies
• market analysis
• comparable sales
• pricing mistakes

Keywords

• property value
• offer price
• comparable sales
• market behaviour
• pricing mistakes

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