How to sell a Darra home

Within two weeks of connecting with Best Use, the property was sold for $200,000 above the original agent’s valuation.

As the property market continues to rise as part of the post-pandemic boom, there’s another big reason Best Use Real Estate are achieving record sales for homeowners in the area, and it’s all about the magic of development potential.

Not everyone is aware that the value of development sites appreciates even faster than the value of regular houses.
The magic lies in the maths. If a property can be subdivided into two vacant blocks of land, the value of that property will increase by the value of each of those two vacant blocks.

The reason why Best Use are able to get higher prices for homeowners is because they specialise in development sites, work with developers, and understand the value drivers behind these types of properties.

Compared to local agents who don’t have relationships with developers and don’t understand the market dynamics of properties with developmental potential -- often resulting in the real risk that a local agent will undersell a property.

Best Use sold the property for $650,000 -- almost $200,000 more than the original agent’s valuation.

For 91 Ducie Street, Darra, Best Use sold the property for a substantially higher price than the local agent because the local agent didn’t realise the property was suitable for a development site.

The owner, Thien, shares more about his property, which was under rental.

“The rental agent gave a valuation of $450,000. I thought it was reasonable but we could probably achieve a little bit more than that,” says Thien.

“A couple of weeks later we got a letterbox drop from Best Use and decided to give Brad a call.

“I thought, I’ll see what Brad could give us. There seems to be a bit of a demand for development land and the block we had was ideal for developments.”

The rest is history! Brad said there was someone that may be interested and he came back with a price.

Within two weeks of connecting with Best Use, the property was sold for $200,000 above the original agent’s valuation.

“What Brad was able to get for us was almost $200,000 more than what a local real estate agent had valued our property at, which was a suburb record,” says Thien.

“He made the selling process very easy, straightforward and stress-free.

“I would not hesitate to use and recommend Brad again in the future.”

How to sell a Darra home

Within two weeks of connecting with Best Use, the property was sold for $200,000 above the original agent’s valuation.

Best Use sold the property for $650,000 -- almost $200,000 more than the original agent’s valuation.

Within two weeks of connecting with Best Use, the property was sold for $200,000 above the original agent’s valuation.

To find out what your home is worth today please contact Brad Walker - Best Use Real Estate for a FREE report on 0448 887 937.