Selling guide
Property valuations NZ: 6 ways to know a property’s worth
Ranked from least to most accurate
AI summary
Determining a property's worth involves several methods. For a rough idea, use free tools on Homes.co.nz to view past sales and the HomesEstimate. A free real estate appraisal from an agent offers a better indication of market value, though it may be optimistic.
For the most accurate assessment, a paid report from a registered valuer is best and often required by banks for lending. Ultimately, a property's true value is only confirmed by what a buyer pays.
1. Look at past sale prices – Best for nosy parkers
2. Check Homes.co.nz – A good starting point
3. Research sales of similar homes in the area – The next step
4. Get a real estate appraisal – An indication of market value
The only way to know for sure what your home is worth is to sell it.
4. Get a real estate appraisal – An indication of market value
5. Pay for a valuation – The most accurate option
6. Let the market decide – The only way to know for sure
Author
Discover More
A bespoke Mid-century masterpiece in the heart of Titirangi
Bespoke 4-bed mid-century architectural masterpiece in Titirangi bush, complete with a sauna, plunge pool, and privacy.
From bus commute to $10,000 an hour: How last year’s Hunt for the Hundy winner scored $100k
George spent 20 mins a day playing Hunt for the Hundy on Trade Me Property and won $100k. Here is how he spent it.
Search
Other articles you might like
