Nor'West News: July 07, 2022

6
real estate from
the head
the heart
&
Thursday July 7 2022
REAL ESTATE
An unparalleled lifestyle in magical Moncks Bay
6A Stratford Street, Fendalton 3 2 3 1 1 2 2 www.harcourtsgold.co.nz | Listing #P175657
242 Great Main Road, Design Redcliffs Never Dates - “As-Is, Where-Is”
Auction: Thursday, 14 March 2019 Unless Sold Prior
Designed by renowned Christchurch
4 bedrooms Architect | Kerry 2 bathrooms Mason, the | 3 Vendors living rooms have | 1 office/study | 2 car-garage | 2 off-street parks | Listing Number SM0166
cherished 38 years of memories in this
Treasured
beautiful
by two
home.
generations
Showcasing
and offering
timeless
Moncks Bay incorporating from Shag Rock
a truly once in a lifetime opportunity, this and right along the Pegasus Bay coastline.
tantalizing
quality
home
of
upon
good
a
design
2853m2
and
section
careful
This property can potentially be subdivided
which furthers your options and adds
enjoys
craftsmanship
an overwhelming
- this
tranquil
is style
setting
that
and
never
is presented goes out to of the fashion. market Red on brick an uninsured construction another element of interest for buyers.
“as-is, where-is” offers a basis. robust and low-maintenance Ensconced in a private lane that sits across
Situated finish the with tightly enduring held locale aesthetic of magical appeal, from the waterfront, this property is also
Moncks while Bay, this bold property architectural makes a features memorable and positioned a to enjoy the area’s celebrated
first impression well-planned and layout was constructed ensure it is as in liveable the microclimate and is located within easy reach
1960s today but has the naturally day it was received built. Set extensive on a leafy of the beaches, boating facilities, Barnett
modern 798 enhancements sqm site with established including gardens a Bruce and Park and the amenities in both Redcliffs and
Banbury inground architectural swimming renovation pool, in the 2004. changing
Sumner.
Resort-style seasons serenity will bring is new provided delights by as the With floors needing repiling and being sold
you
colourful settle Clivias into life as at well 6 Stratford as the established uninsured, deemed uneconomical to repair,
Street.
greenery and palms trees that border the this unique “as-is, where-is” opportunity is a
swimming Zoned and for spa sought-after pool, with the schools outstanding including real game changer with the feel good factor
views and Fendalton majestic School, cliff face Heaton backdrop Intermediate, only and is guaranteed to attract attention. Your
escalating Boys' the High, property’s Girls' High visual and appeal. Burnside High,
earliest viewing is advised.
Spacious and enjoying living areas proximity are complemented Open Homes: Wednesdays, Saturdays
to a choice of
by the private sizeable schools, Kwila it deck, is little water wonder feature and Sundays 1:00pm - 1:45pm.
this easy reach. This wonderful home offers Auction
and idyllic is such alfresco highly prized surroundings real estate. which See you at the open homes or for a private
Stroll enduring appeal and the opportunity to Thursday 21st July 2022
have previously
five minutes
hosted
to
a
Mona
wedding
Vale,
and
or
could viewing or for more information contact
drive to
continue to be the scene of many memorable
Alison enhance Carter for the of next Harcourts generation. Grenadier Contact from 10:00am (unless sold prior)
supermarkets, shops or cafés at Fendalton
occasions.
Ferrymead/Sumner the agent without (Licensed delay to make Agent this REAA one Gold Auction Rooms,
Skylights,
Mall or
the
Merivale
superb
Village
use of
- it's
timber,
all within
a
2008) your on own. 384 7950 or mobile 0274 318 960. 471 Papanui Road
contemporary colour scheme and the
magnificent stone fireplaces create an
incredibly inviting ambience indoors where
you’ll find four double bedrooms, two
bathrooms and a relaxing sunroom area that
comes complete with a spa bath.
With an expansive lawn area and the
picturesque garden at the rear of the property
both epitomise peace and privacy and offer
access up to the top of the section where
you can sit and admire the ocean vistas over
Cameron Bailey
Licensed Sales Consultant REAA 2008
Harcourts Papanui
027 555 7079
cameron.bailey@harcourts.co.nz
Be it emotional or analytical,
much is made of the reasons
people transact real estate.
When purchasing or deciding to purchase
there is often robust debate about the rationale
for someone’s decisions. The parties involved
can be vendors, buyers, real estate consultants,
lawyers, valuers, building inspectors and can
now include digital valuation systems.
Everyone wants to play a part, as well as have
a say, and it’s a crowded and often confusing
space.
If it’s an investment property, there’s often a
predetermined strategy based on the financial
benefits or otherwise of the purchase, and
this can be seen in a ‘dollars and cents’, ‘return
versus costs’ framework.
People usually know the rules.
If they spend too much on the purchase or
during renovation and they don’t sell for a
certain amount, then the end result will often
be disappointment. You see this particular
scenario played out most weeks, however
the market we have enjoyed over the past 18
months saw the reverse of this: astronomical
figures achieved regardless of the initial cost of
the property and subsequent investment.
But not everything is analytical. In fact, some
of the biggest motivations for people to buy
or sell are deeply emotional and might make
sense only to them.
Examples I’ve noted over the years have
included the purchase of neighboring
properties.
The disparaging ‘nosey neighbor’ label gets
bandied about more than I care for, but I’ve
seen significant prices paid by neighbors
who wanted to protect boundaries or views,
or wanted other family members to live close
by. They believed in the value of the location
and in some cases had waited patiently for
the opportunity. Owners that chose to sell at
auction often achieved wonderful premiums
because of this.
Another emotional factor I’ve witnessed is the
acrimonious split, where you see two common
scenarios: the ‘I don’t care because I’m off to a
better life’ and the ‘I’ll fight you every step of
the way because I feel betrayed and belittled’.
The skill required to navigate these situations
with care and professionalism isn’t the domain
of everyone and I’d always suggest doing
significant due diligence to find a professional
who has the skill to look after all parties whilst
delivering the best result, because there may
be an emotional minefield ahead.
And before you think it can’t be done, it can;
I’ve seen it.
But for me, perhaps the most emotional of
all sales transactions are the ones involving
couples who – having lived long and
wonderful lives together – must sell to move
into supportive care.
You walk through properties full of nostalgic
memories, photos, books, furniture,
mementoes and ‘stuff’. The stuff of life and you
realize on their behalf how hard it is.
That’s when emotion really comes to the fore.
In one example that comes to mind, I had the
enormous privilege of meeting a couple that
had lived a full and valued life, but it was time
to move.
They worry, have they left it too late? And (this
is common) I worry that we have a deadline
hanging over us requiring a sale by a certain
date so they can move to the residential
village.
Their friends worry about auctioning, which
we believed was the best process due to the
deadlines just mentioned – and the nature of
their property – and their family worry about
all the things families lose sleep over when
they have elderly parents.
Economics are important, of course, but the
emotional factors in all of this are much more
important.
So why share this?
It could be that I want our elderly clients to
move safely and with dignity to their new
home.
It could be because my own parents are now
at that age and although they tell me in no
uncertain terms that they are never moving, I
worry every winter.
Or it could be that no matter what any of us
think, people will make their own decisions. It
might be purely financially driven or it might
be deeply emotional. It’s important to find
out which it is before you wade in. And for
real estate professionals working in this space,
know what’s best, do that and more, and
remember that life is a mixture of facts and
feelings.
Lynette McFadden
Harcourts gold Business Owner
027 432 0447
lynette.mcfadden@harcourtsgold.co.nz
PAPANUI 352 6166 | INTERNATIONAL DIVISION (+64) 3 662 9811 | REDWOOD 352 0352
PARKLANDS 383 0406 | NEW BRIGHTON 382 0043 | GOLD PROPERTY MANAGEMENT 352 6454
GOLD REAL ESTATE GROUP LTD LICENSED AGENT REAA 2008 A MEMBER OF THE HARCOURTS GROUP
www.harcourtsgold.co.nz