1356 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
3 days ago

🧩😏 Riddle me this, Neighbours…

The Riddler from The Neighbourly Riddler

I am an odd number. Take away a letter and I become even. What number am I?

Do you think you know the answer?

Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.

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18 hours ago

Scam Alert: Bank cold calls

The Team from Neighbourly.co.nz

ASB is warning customers about reports of cold calls from scammers claiming to be from ASB. These scammers are trying to obtain personal information, including usernames, dates of birth, and verification codes sent to your mobile phone.

🛡️ The "Caller Check" Test
If you get a call from someone claiming to be from ASB and you’re unsure, just ask them for a Caller Check. You will then be able to verify the call through the app.

Remember, banks will:​​
❌ Never ask for your banking passwords, PINs, or verification codes​​
❌ Never need to know your full credit card number – especially the CVC
❌ Never ask you to download software or remotely access your device​​
❌ Never ask you to purchase gift cards or transfer funds.

If you have received a phone call and think your account has been compromised, call ASB on 0800 ASB FRAUD (0800 272 372), or visit your local branch.

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R
11 hours ago

Bethlehem college fundraiser

Roberto from Bethlehem

Good afternoon, How are you all doing?

Bethlehem College is doing a last car wash fundraiser this Saturday to be able to send kids down to Twizel for the Maadi Cup National regatta.

If you would like to have your car, truck, motorcycle, boat, lawnmower or helicopter washed, please come down after 12am at the college.

Much appreciated, and please feel free to pass on this poster to everyone you may know.

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