The Star: March 08, 2018
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
44 Thursday <strong>March</strong> 8 <strong>2018</strong><br />
Latest Christchurch news at www.star.kiwi<br />
Key reasons<br />
to buy new<br />
That doesn’t appeal to the villa crowd.<br />
But many people dream of a home in<br />
a new suburb. <strong>The</strong>re are many other<br />
advantages, such as being able to<br />
customise the home before it’s built.<br />
Buyers love it that their build guarantee<br />
covers most things and<br />
there’s little maintenance to do for the<br />
first 10 years.<br />
<strong>The</strong>re are a long list of reasons some<br />
people dream of buying new.<br />
<strong>The</strong>y include:<br />
• Current Building Code requirements<br />
specify a higher standard of insulation<br />
and glazing than you can expect in<br />
an older home, which makes your<br />
new home warmer in winter and<br />
cooler in summer, meaning cheaper<br />
to run. In addition there has been a<br />
vast improvement in the quality and<br />
technology of construction materials<br />
over the last decade.<br />
• New homes are designed for modern<br />
lifestyles with walk-in wardrobes, double<br />
or triple car garaging, en suites and heat<br />
pumps.<br />
• Internal access garaging.<br />
• Indoor-outdoor flow. Home builders<br />
before the 1970s rarely thought about<br />
this.<br />
• Automatic pool covers and electric<br />
curtains are included in a lot of new<br />
homes, he says.<br />
• In a new subdivision you’re not going to<br />
have five cross-leased small homes next<br />
door to your architecturally designed five<br />
bedroom dream home, he says.<br />
• New purpose-built shopping and service<br />
centres cater for the<br />
modern life.<br />
• New schools can be<br />
popular. New schools<br />
are being designed with<br />
“Modern Learning<br />
Environments”, which<br />
are considered better<br />
layouts for 21st-century<br />
learning.<br />
Another important<br />
factor is it’s easier to<br />
NEW LISTINGS<br />
Advertising Feature<br />
Buying new has many advantages. No one has yet lived in your<br />
brand new home and it has that new home smell and feel.<br />
get a mortgage. New Reserve Bank of<br />
New Zealand loan to value (LVR) ratio<br />
restrictions from October 1 don’t relate<br />
to new homes. Likewise the KiwiSaver<br />
Home<strong>Star</strong>t grant is doubled for first time<br />
buyers.<br />
When it comes to new apartment<br />
buildings they’re built to a higher standard<br />
of earthquake/fire proofing and, hopefully,<br />
are no longer leaky.<br />
<strong>The</strong>re are, of course, disadvantages to<br />
buying new. Not everyone wants to wait<br />
six or 12 months to move into their home.<br />
Other downsides include:<br />
• Borrowing to cover the progress<br />
payments is more complex than taking<br />
out a mortgage on an existing property.<br />
• Builders and developers can go broke,<br />
leaving the buyer in an awkward<br />
position.<br />
• With some new homes the buyer<br />
effectively needs to become a project<br />
manager.<br />
• You have to deal with council for<br />
building and sometimes resource<br />
consent.<br />
• <strong>The</strong> location may be further from the<br />
centre than you wanted.<br />
• If it’s infill housing you might have<br />
a cross lease situation that<br />
some people find tricky.<br />
• <strong>The</strong>re are often teething<br />
problems with a new build.<br />
• You won’t get a quaint<br />
tree-lined street.<br />
• Your section will most<br />
likely be smaller than that of<br />
an existing home.<br />
• Fences, paths and<br />
landscaping might need to<br />
be added at a cost.<br />
Home<br />
& Property<br />
Your<br />
Earthquake<br />
damaged<br />
home!<br />
Talk to us if you are serious about<br />
selling your “As is Where is” home.<br />
We have sold over<br />
150 “As is Where is”<br />
homes and we have<br />
a huge database of<br />
qualified buyers.<br />
Phil & Holly Jones<br />
Ph 03-382-2230<br />
Phil 027 435 7711<br />
Holly 027 222 0220<br />
holly.jones@raywhite.com<br />
Licensed (REAA 20<strong>08</strong>) Results Realty Ltd<br />
We have achieved<br />
record breaking<br />
prices recently!<br />
FOR SALE<br />
Burnside: 25B Rubens Place<br />
Must be sold: 4 bdrms, 2 bthrms (ensuite), 2<br />
living (1 of 2) rear townhouse with dble IA gge.<br />
Must be viewed. By negotiation.<br />
Open Saturday 1-1.45 pm<br />
Ref: www.remax.co.nz/RMI10538<br />
NEW LISTING<br />
Fendalton: 60 Memorial Ave<br />
2-Level Townhouse with a touch of Tudor:<br />
“Alexandra Cottage”. Prime school location.<br />
3 dble bdrms, master down with ensuite/<br />
WIR. Two living areas. Enchanting as is, or add<br />
your own touch.<br />
Open Saturday & Sunday 2-2.30 pm<br />
Ref: www.remax.co.nz/RMI10547<br />
Halswell : 7 Checketts Ave<br />
Reduced to sell this weekend: 4 bdrms, 2<br />
bthrms (spa bath). 1 gge + OSP. On easycare<br />
section, there is a lot of bangs for your buck<br />
here! Price: $399,000 (RV $405,000). Be quick.<br />
Open Sat 11-11.30am & Sun 12-12.30 pm<br />
Ref: www.remax.co.nz/RMI10544<br />
"Successfully selling<br />
real estate city-wide<br />
since 1993"<br />
Trish Lawrence<br />
ph <strong>08</strong>00 874 745<br />
SALE BY DEADLINES CLOSING<br />
INITIAL REALTY LTD<br />
<strong>The</strong> <strong>Star</strong><br />
Home & Property appears<br />
every Thursday, delivered FREE<br />
throughout Christchurch<br />
For more information<br />
and bookings, contact<br />
Mike Fulham<br />
M: 021 300 567<br />
E: mike@starmedia.kiwi<br />
SHOWHOME<br />
NOW OPEN<br />
39 Sherborne St<br />
St Albans<br />
10am-4pm or<br />
by appointment<br />
Christchurch<br />
www.firsthomes.nz<br />
chchsales@firsthomes.nz<br />
021 575 545<br />
MORE PROPERTIES ARE<br />
URGENTLY NEEDED!<br />
Hei Hei: 1/8 Glenleith Lane<br />
A Little Gem: Nest or Invest. 2 dble bdrms,<br />
open plan living. Single gge + OSP. Priced to<br />
sell - be quick. By negotiation.<br />
Open Sunday 1-1.30 pm<br />
Ref: www.remax.co.nz/RMI10546<br />
Riccarton: 115 Elizabeth Street<br />
Overseas owner must sell: 3 bdrms, in need<br />
of TLC. CHBH & CHGH Zones. Close to Uni.<br />
All offers presented.<br />
Offers over $325,000 (RV $340,000).<br />
Open Saturday 12-12.30 pm<br />
Ref: www.remax.co.nz/RMI10543<br />
NEW LISTING<br />
Shirley: 125 Quinns Road<br />
A win/win on Quinns: Terrific 3 bdrm 1990’s<br />
townhouse. Spacious living with cathedral<br />
ceiling. Mostly double glazed.<br />
Absolute value at offers over $390,000.<br />
Open Saturday & Sunday 3 – 3.30 pm<br />
Ref: www.remax.co.nz/RMI10548<br />
Come to an<br />
open home,<br />
or make a time<br />
now to view by<br />
appointment.<br />
Do you know what the current<br />
value of your home is? Find out,<br />
call Trish now for a free appraisal.<br />
Licensed Agent<br />
REAA 20<strong>08</strong><br />
Oamaru<br />
LIVE AND WORK FROM HOME!<br />
CHANCE TO ENHANCE!<br />
TOWNHOUSE ALERT!<br />
PANORAMIC VIEWS - 4 BEDROOMS<br />
BANK THE LOCATION, SUN & VIEWS!<br />
Price: BEO $239,000<br />
Price: SBD BEO $259,000<br />
Price: SBD BEO $295,000<br />
Price: SBD BEO $369,000<br />
Price: SBD BEO $379,000<br />
Web: HQCGF3 3 1 3 Web: HSVGF3<br />
3 1 2 Web: HA3GF3 3 1 1 Web: HNAGF3 4 2 - Web: HM9GF3 3 2 2<br />
Check out all our listings at www.oamaru.ljhooker.co.nz | Deal with the Best: LJ Hooker Oamaru - <strong>The</strong> Most Productive Team in NZ *<br />
SBD BEO = ‘Sale By Deadline Buyer Enquiry Over’<br />
*<br />
LJ Hooker Harveys Group, based on number of transactions<br />
Call Oamaru’s No. 1 Team For Listing & Selling - Ph (03) 434 9014<br />
Robertson Real Estate Ltd MREINZ - Licensed Real Estate Agent REAA 20<strong>08</strong>
Change language