RealTeasy

Is this Property24 asking price fair?

A listing tells you what a seller is asking, which is where negotiation starts, not where it ends. RealTeasy analyses any Property24 listing against comparable listings, area price levels and official growth indices, and gives you an independent estimate with the evidence behind it.

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Asking is a starting point, not the answer

Asking prices cluster optimistically. RealTeasy derives its estimate from the evidence first and then measures it against what the seller is asking, so the gap between the two becomes your negotiation room rather than the answer.

We label asking and sold, and never blur them

Most comparable evidence in South Africa is asking prices, and we say so. Where a genuine recorded sale is available it is labelled as one and weighted more heavily, and asking evidence is discounted toward what homes actually fetch before it can move your number. We do not present a portal "sold" badge as a transfer price, because that badge usually carries the last asking price.

See the comparables behind the number

A full report lists every comparable it used with its size, distance and price basis, so you can judge the value yourself rather than take a single figure on trust.

Frequently asked questions

Do you show exact recorded sold prices?
Not as a database of transfers. We build an evidence-based estimate from comparable listings, area statistics and official indices, label which evidence is asking and which is a recorded sale, and show the comparables behind the number. We do not currently integrate deeds-office transfer records.
Why not just show what it sold for?
Recorded transfer prices in South Africa are not freely published in real time, and a portal "sold" badge is usually the last asking price rather than the price that changed hands. Rather than pass one off as the other, we are explicit about what each piece of evidence is.
Where does the data come from?
Comparable listings for the area, official Statistics South Africa house-price indices, registered-sale averages and archived history, and public listing information. See "Where our data comes from".

Ready to see what it's really worth?

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RealTeasy is an independent analysis tool. We are not affiliated with, endorsed by, or acting on behalf of any property portal, estate agency or agent named on this page. Brand names are used only to describe the listings our users ask us to analyse. Reports are AI-generated estimates, not valuations. See our AI disclaimer.