What is My House Worth? – Geelong
If you are a resident of Geelong and are wondering, “What is my house worth?” There are many factors that will impact the answer that you are given. One factor, that many people tend to overlook, is the local climate. A city’s climate is one of those things that you think about so often on a basic level, perhaps wondering if you need a sweater, or if it is going to rain, that often, when you are living it in, you do not think about it as an actual factor towards what your house is worth.
The thing is, that the city’s climate is something that impacts what a house is worth, because it impacts the quality of life that residents experience. If the climate is dangerous hot or dangerously cold, houses are not going to be worth what they would be in areas that experience milder weather throughout the year. The same can be said for areas that get hit with dangerous storms, and natural disasters on a somewhat regular basis. While obviously there are factors supporting living in these locations, in terms of climate they are not overly appealing. In general, people want to live in a climate that is conducive to their lifestyle. In many cases, this means somewhere that is safe to live, that gets a decent amount of precipitation, and that is at least acceptable weather for farming and agriculture.
The city of Geelong is in what is considered a temperate oceanic climate, this means that there are four distinct seasons, with warm summers and mild to cool winters. The highest on record temperature that the city of Geelong has experienced was on February 7th 2009, where the temperature hit 47.4 °C (117.3 °F). The coldest temperature on record for the city of Geelong took place on August 5th 1997 when the temperature dropped to of −4.4 °C (24.1 °F). The city of Geelong averages an annual rainfall of approximately 520mm (20.5 inches) which makes the city the direst sizable city in the country. Within the actual city, the rainfall tends to show a strong gradient from the south to the north. This means that the most southern suburbs are able to receive about 700mm (28inches) while the more northern suburbs such as Lara can receive as little as 425 mm (17 inches) – the lowest in the southern part of the state.
What houses are worth in the city of Geelong, like in most major cities and communities reflects the quality of life available to residents in that area. This means that what houses are worth varies from suburb to suburb as well as city to city.
For homeowners that are hoping to find out what their house is worth, taking the climate into consideration will provide you with some insight into other factors as well. For example, if the climate in the city in question gets very little to no rain, to the point that farming and agriculture are near impossible without man made assistance, odds are that the climate is not going to be one of the top selling features of your property. If your property is located in a city that has nice weather all year long, and is rarely hit by intense storms or damaging winds, the climate might be seen as attractive to both perspective home owners and tourists. What houses are worth depends on numerous factors, while it can be tough to keep track of, and know how your house ranks on all of them, by looking at a few that are out of your control, and a few that are under your control you will be able to get a better idea of the direction of what your house is worth.