Automated valuation tools are useful for broad value ranges, but rarely replace a skilled appraisal. Michael Tomadakis recommends checking AVMs against recent comparable sales and local market movement. In fast-changing or tightly held inner-north suburbs, a tool can be off by tens of thousands of dollars. Michael advises vendors to see online estimates only as a starting point: nothing replaces direct, evidence-led pricing guided by real agent experience. Always check assumptions and have a professional validate them with facts.

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