Selling guide
Property valuations NZ: 6 ways to know a property’s worth
Ranked from least to most accurate
AI summary
Understanding your property's value can be done in several ways, from free estimates to formal reports.
For a starting point, use free tools on Homes.co.nz like the HomesEstimate and research past or comparable sales. A real estate appraisal provides a free market indication, though it can be subjective.
For the most accuracy, a registered valuer offers a detailed report for $700-$1200, often required by banks. Ultimately, a property's true worth 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
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