Home reports are an essential item in the toolkit of every home owner, investor and occupant.

Giving you great information on your home and surrounding neighbourhood, a home report is critical in your assessment of whether to sell your owner occupied or investment property.

In addition, if you’re a buyer, a home report gives you a low-down on what is happening in the neighbourhood in terms of prices, rents, amenities and historical transactions.

Here are a few ways a home or property report can help you.

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A good home and property report will always provide you with a chart of historical prices.

These prices can be for new-launch or resale units. In any case, they usually give you a picture on how the market has moved in the neighbourhood.

For specific projects, the chart ideally should consist of transactions …