SOLD IS WHAT WE DO
WHATS SOLD from our “Confidential Portfolio”
WAINUI :– SOLD $4.1M - Modern Farmhouse Elegance -Nestled on 2.6 hectares in Wainui, this charming country home invites you to realize your dreams. Enjoy the exclusive amenities it offers, blending modern farmhouse living with timeless elegance.
DAIRY FLAT: - SOLD $3.4M - Secluded Country Oasis - A secluded estate spanning approximately 7 hectares, offering picturesque country views amidst the tranquil surroundings. This distinctive property is nestled far from the road, accessed via a tree-lined driveway ensuring utmost privacy.
I want to share a recent experience with some buyers who were new to the market. They found a home they loved and were ready to make an offer. However, they were thrown off by the conflicting online estimates they encountered. For instance, OneRoof estimated the value between $1,490,000 and $2,020,000, Homes.co.nz ranged from $1,840,000 to $2,120,000, and realestate.co.nz suggested a range of $1,640,000 to $1,960,000. With such varying estimates, they were uncertain about how much to offer.
In today’s dynamic market, it’s crucial to look beyond these online estimates, which can be misleading. Why? These estimates are often based on basic algorithms that rely on outdated or inaccurate data, such as low Capital Valuations (CVs) that don’t account for recent renovations or improvements. Some CVs might be outdated, or homeowners might have kept them low to save on rates, skewing the online value estimates.
Additionally, the sale prices of nearby properties can also affect these estimates. If a house sells for less due to market timing or an urgent seller, it can pull down the estimated values for nearby homes.
While online estimates can offer a rough guide, they often fail to capture the nuances that affect a home’s true value. That’s why at our open homes we supply a information sheet providing what has sold in the area. This provides a detailed analysis of recent sales data, helping you assess a property’s true value with greater accuracy.
We’re here to guide you with accurate data and expert insights.
Please feel free to contact me directly 027 4497 391 we’re here to help!