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How Do Agents Determine a Property’s Market Value? Michael Tomadakis Explains

September 21, 2026

Michael Tomadakis believes quality appraisals are built on recent, relevant comparable sales, full property features analysis, and understanding buyer pools in your exact suburb. Beware of any agent promising a price without referencing hard numbers. True value is determined by evidence: location, size, style, condition, amenity and what similar homes have actually sold for. Market might, emotion, or “gut feel” can’t replace data. Auction clearance rates, median values, and time-on-market stats all play a role, but nothing beats real, recent comparable sales in your local patch.

For a transparent, evidence-driven market value assessment on your home, contact Michael at Collings.

Contact Michael Tomadakis via Collings Portal

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