896 days ago

What to expect from a property appraisal

Matt from

A property appraisal will usually be carried out on your home by a qualified real estate sales agent where you would like to gain an estimate of the potential value in the current market conditions or in the case where you have decided to sell the property.

Choosing to get a market appraisal on your home may not always coincide with wanting to sell your home. Some homeowners will choose to gain an appraisal where they are looking to refinance, they may have made improvements around the property and are gaining an updated price comparison, or they might also be choosing to purchase an investment property.

Gaining a market appraisal might also be due to market fluctuations where an owner would like to see where their home sits in relation to the current local market. 

To obtain a property appraisal, contact a local real estate sales agent. You may also be referred to an agent or you might like to choose a few agents to look through your home who will give you a range of estimates on the property and provide you with more options on who you might like to sell your home. 

A sales agent will walk through your home and assess the condition, size and inclusions of the home. They will note key factors like the number of bedrooms, bathrooms, and parking spaces as well as additional features that may be included and any improvements that have been completed which have the potential to add to the value of your home.
 
Once they have completed their inspection and discussed options for your home with you, they will do research and look at current and recent sales of similar properties in your location and the price for which they sold. A sales agent will also consider the location of your home and its proximity to local amenities, shopping and lifestyle facilities and school precincts and factor this into their appraisal price.

When the agent has gathered the information on your property and other comparable property sales in your area, they will put together a report including an opinion of what they believe your home could be valued at, usually known as a price guide and this would be a guide that would go to market, should you choose to sell or use it for the purposes of refinancing or your own knowledge.

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More messages from your neighbours
6 days ago

What's your favourite tomato recipe?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. We know your tomato plants are still growing, but we're looking ahead to the harvest already! If you've got a family recipe for tomatoes, we'd love to see it and maybe publish it in our magazine to share with our readers. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our February 2025 issue.

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3 days ago

Warnings about scams

The Team from New Zealand Police

This Fraud Awareness Week, we’re reminding everyone to stay sharp and look out for the warning signs of scams to stop them before they start.

Here’s what to watch out for:
🔍 Unrealistic offers or promises of easy money that are too good to be true
🔍 Pressure tactics: Scammers may rush or threaten you to act immediately.
🔍 Requests for personal info: Be cautious if you’re asked for bank details, passwords, or sensitive information.
🔍 Unusual payment methods like gift cards, cryptocurrency, or wire transfers.
🔍 Unverified contacts: Emails, calls, or messages from unknown or suspicious sources.

How to protect yourself:
✅ Stop and think before sharing personal details or making payments.
✅ Don't click on any links until you know that it is safe.
✅ Verify the source: Contact the organisation directly using official channels.
✅ If something’s not right, it's OK to hang up, walk away, ignore it and move on.

If you wish to report a scam, contact Police on 105 or report it online via 105.police.govt.nz/use-105.

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3 days ago

Tactile texture

Resene

Welcome texture into your room by using leftover Resene Anaglypta wallpaper to accentuate furniture and décor items. Find out how to create your own with these easy step by step instructions. Find out more

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