Selling guide
Property valuations NZ: 6 ways to know a property’s worth
Ranked from least to most accurate
AI summary
Understanding a property's worth involves several methods, from free estimates to formal reports.
Free options provide a good starting point:
- Use the Homes.co.nz HomesEstimate and research past sales.
- Get a real estate agent's appraisal.
For the most accurate assessment, a registered valuer provides a detailed report, often required by banks for lending. However, a property's true value is ultimately determined by what a buyer is willing to pay when it sells on the market.
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
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