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CV vs Market Value: The Mistake Most Buyers Make⎟Ep. 2511

CV vs Market Value: The Mistake Most Buyers Make⎟Ep. 2511

Episode 2511 Published 5 days, 18 hours ago
Description

A CV feels official ... so buyers treat it like the property's real value. It isn't. Right now, houses are selling anywhere from 8% below to 20% above CV, depending on the region.

In this episode, Ed and Andrew break down what a CV actually is, where houses are beating it, and how to use it without getting burned.

You'll learn:

  • What a CV really measures
  • Which regions are selling above CV, and which are below
  • Why are they so often wrong

The bottom line? A CV is a rates tool, not a valuation. For what a house is really worth, start with recent comparable sales.

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