The Star: April 04, 2019

The Star Thursday April 4 2019
the tlc experience
Welcoming Rhonda
Tap into the skills and experience Rhonda can
bring to you. With over 12 years real estate
experience Rhonda is 100% committed to
achieving excellent results with a range of
value-building negotiation tactics and closing
strategies.
A wife and mother, Rhonda’s compassionate,
empathetic and intuitive nature epitomises
TLC’s mission statement “You are our
number one focus, we will sell your home
for the best price, in the shortest amount of
time, without the stress.”
Rhonda is as motivated
and determined in her
real estate role as
she is in her role as a
competitive squash
player.
Call Rhonda now
for an obligation
free appraisal.
ph: 0508 967 564
rhondatapp.tlcrealty@gmail.com
If you are an experienced agent looking for a
change, then call Trish now for a confidential
chat about your future.
VIEW THIS WEEK’S OPEN HOMES
at www.tlcrealty.co.nz
We truly believe in a
customer first based
service, achieving the
results you want with
the personal service &
respect you deserve.
Trish Lawrence
AREINZ (Nat.Dip.RE)
Licensee Agent/Director
Your personal negotiator,
working exclusively for you!
Trish Lawrence
ph: 0800 874 745
tlc realty limited
Licensed Agent REAA 2008
A BARGAIN AT
$370,000
Phone: 027 228 7002
Come to 59 Strathfield
Ave Shirley - Dallington
this Sunday
1pm - 2pm to view this
4 bdrm + sleepout, p/m
home with glorious
private 1040m2 section.
$30k below RV.
Easy potential
to add value.
OYDS REAL ESTATE
LREA 2008. The agent with 50+ years experience
whose commission is half most firms.
What’s my house
really worth?
When you’ve lived in a property for a while
it can be hard to be rational about its worth.
How can you put a price on the spot where
you’ve built so many memories with family
and friends? Someone will surely recognise
the hours you spent sanding back the
windows or digging out the agapanthus in
the garden and reward you with a high price,
won’t they? Unfortunately potential buyers
may see things differently, especially in a
slow housing market.
There are several methods you can use to
gauge the worth of your property. Remember
that the rateable value or RV (formerly
known as the government valuation, or
GV) of your property doesn’t really provide
any clues. These valuations are done by
the local council to work out what share of
rates a household should pay. They are only
done every three years and don’t take any
improvements into account – increasingly,
properties that include an RV figure in the
advertising will come with a disclaimer that
it is not indicative of current market value.
These days you can gather a lot of
information for free thanks to websites like
Trade Me and Homes.co.nz. Trade Me’s
Property Insights has information on more
than 1.5 million homes, including rateable
value data, previous sale prices, when the
property was built and what size it is. The
site also provides an estimated value range,
based on a melting pot of data from sales of
comparable properties, listing details and
user activity. Homes.co.nz operates similarly.
Its estimate service is built on a complex
set of valuation models, using around 30
million pieces of data bought from councils
nationwide, plus sales values and a wide set
of property features. Both sites recognise
there are a number of factors at play, so they
offer an estimated value range that can be
quite broad.
While both these sites are useful, they
don’t show the full picture and should only
be used as the starting point in determining
value. They can’t take the condition of your
property into account and they may not
recognise any improvements you might
have made (though homes.co.nz does allow
owners to ‘claim’ their property and edit
information about it).
Oamaru
NEW LISTINGS
Home & Property appears every Thursday, delivered FREE
throughout Christchurch
For more information and bookings, contact Mike Fulham
M: 021 300 567 E: mike@starmedia.kiwi
Let’s say you own a large property in an
area where there have been some big-ticket
sales in the last year. Your property might
have some serious structural issues and be in
generally poor condition, yet the algorithms
may claim that it is worth a lot more than any
sensible buyer would pay for it because other
houses in the neighbourhood have sold for
high prices. The impact of this is two-fold.
Firstly, the seller could anticipate a big payday
that may never arrive; and secondly,
some buyers may be put off making an offer
because they think it’s out of range.
There are a couple of ways to combat this.
When you start working with a real estate
agent to sell your property they must supply
you with a current market appraisal or
CMA. This is based on similar information
to the online versions, but it also comes with
the agent’s real-time, real-life knowledge
of the area, what similar properties have
sold for and the condition and particular
characteristics of your own property (such
as whether it has been repainted recently
or it’s in a state of disrepair). The agent will
have had the chance to walk through your
property and identify its unique selling
propositions, such as good sun, proximity
to desirable schools and other features that
buyers like. It’s important to note that you
may get varying CMA ranges from different
real estate agents as they may each take a
divergent perspective on your property that
you will then need to consider.
Your other option is to pay a registered
valuer to provide you with an independent
valuation. This service comes at a cost (the
price will vary, depending on the level of
detail), but it will be more accurate. The
Property Institute, which represents valuers,
says a registered valuation can help sellers be
a little more clinical about their property’s
worth.
Even with all the information you can
gather, the true indication of your property’s
value is what a willing buyer will pay for it
at the given time that it’s on the market. A
valuation, a price range or a figure reached
by an algorithm is not cash in the bank.
For independent advice on buying
or selling property, check out
www.settled.govt.nz.
Your
Earthquake
damaged
home!
Talk to us if you are serious about
selling your “As is Where is” home.
We have sold over
150 “As is Where is”
homes and we have
a huge database of
qualified buyers.
Phil & Holly Jones
Ph 03-382-2230
Phil 027 435 7711
Holly 027 222 0220
holly.jones@raywhite.com
Licensed (REAA 2008) Results Realty Ltd
RENT ME!
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P 364 7419
E vicky.sayers@
starmedia.kiwi
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for display cabin locations
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your
Selling property
privately?
HALSWELL
Front Unit
2 Dble Bedrooms
This is a secure front
property, permanent
materials, across
from Halswell School,
close to buses, library,
healthcare and shops,
in a great location 15
minutes from central
Christchurch
Contact Brian Davidson
(03) 322 8739 or
021 0293 6712
Local Oamaru & Loyal
SBD CLOSING
8809397AA
2 1 1
WALK TO TOWN
Price: SBD BEO $289,000
Web: KWXGF3
COMMERCIAL INVESTMENT
Price: $310,000+GST (if any)
Web: KY4GF3
LOOKING TO BUILD?
Price: BEO $129,000
Web: KX1GF3
SBD BEO = ‘Sale By Deadline Buyer Enquiry Over’
PRIME BUILDING SPOT!
Price: BEO $159,000
Web: KYZGF3
*
LJ Hooker Harveys Group, based on number of transactions
Call Oamaru’s No. 1 Team For Listing & Selling - Ph (03) 434 9014
Robertson Real Estate Ltd MREINZ - Licensed Real Estate Agent REAA 2008
RENT OR RENOVATE
Price: SBD BEO $225,000
Web: KAQGF3
3 1 1
Check out all our listings at www.oamaru.ljhooker.co.nz | Deal with the Best: LJ Hooker Oamaru - The Most Productive Team in NZ *