What to expect from a property appraisal
A property appraisal will usually be carried out on your home by a qualified real estate sales agent where you would like to gain an estimate of the potential value in the current market conditions or in the case where you have decided to sell the property.
Choosing to get a market appraisal on your home may not always coincide with wanting to sell your home. Some homeowners will choose to gain an appraisal where they are looking to refinance, they may have made improvements around the property and are gaining an updated price comparison, or they might also be choosing to purchase an investment property.
Gaining a market appraisal might also be due to market fluctuations where an owner would like to see where their home sits in relation to the current local market.
To obtain a property appraisal, contact a local real estate sales agent. You may also be referred to an agent or you might like to choose a few agents to look through your home who will give you a range of estimates on the property and provide you with more options on who you might like to sell your home.
A sales agent will walk through your home and assess the condition, size and inclusions of the home. They will note key factors like the number of bedrooms, bathrooms, and parking spaces as well as additional features that may be included and any improvements that have been completed which have the potential to add to the value of your home.
Once they have completed their inspection and discussed options for your home with you, they will do research and look at current and recent sales of similar properties in your location and the price for which they sold. A sales agent will also consider the location of your home and its proximity to local amenities, shopping and lifestyle facilities and school precincts and factor this into their appraisal price.
When the agent has gathered the information on your property and other comparable property sales in your area, they will put together a report including an opinion of what they believe your home could be valued at, usually known as a price guide and this would be a guide that would go to market, should you choose to sell or use it for the purposes of refinancing or your own knowledge.
A riddle to start the festive season 🌲🎁🌟
I'm a fruit. If you take away my first letter, I'm a crime. If you take away my first two letters, I'm an animal. If you take away my first and last letter, I'm a form of music. What am I?
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Appeal for information following fatal crash: Tāneatua
Police investigating a fatal crash in Tāneatua are seeking further information from members of the public who witnessed the crash, or any movements leading up to the crash, to assist with our enquiries.
Prior to the crash, Police can confirm the red Honda Accord was observed travelling on Reid Road in excess of the speed limit.
A Police vehicle travelling the other direction observed the vehicle at speed, however was unable to locate the vehicle as it travelled towards White Pine Bush Road.
Police believe there were two other vehicles near or on the Pekatahi Bridge at the time of the crash, and we’d like to speak to the occupants of those vehicles to understand what they saw.
Additionally, we’re still seeking information from anybody who saw a red Honda Accord travelling in and around Tāneatua between 5:30pm and 6pm on Tuesday 2 December.
If you have information, please contact Police via 105, either over the phone or online, referencing file number 251202/5566.
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