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At Guy Saddleton Real Estate we regularly provide comprehensive reports to our vendors on the likely sale price of their property using both a depreciated replacement value formula and a comparative sale formula.  essentially these 2 formulas should produce  result in a similar price range if applied correctly.  If results do not "match up" it indicates an error has been made in one of the formulas and requires further research.  This technique is effectively the same technique that is employed by real estate valuers and produces an accurate price range for vendors considering sale or refinancing.  We do not believe in 'swamping' our vendors with bulky 'neighbourhood reports' but rather providing a comprehensive, simple explanation of likely sale prices.  See below an example of one of our property appraisals together with a typical marketing budget.

appraisal