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, from free online tools to paid professional reports.
Free options on Homes.co.nz include checking past sales and the automated HomesEstimate. A real estate appraisal from an agent also provides a market indication, though it can be optimistic.
For the highest accuracy, a registered valuer provides a detailed report for $700-$1200, often required by banks for lending. Ultimately, a property's true value is what a buyer is willing to pay.
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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