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 and include checking past sales, using the HomesEstimate on Homes.co.nz, or getting a real estate agent's appraisal.
For the most accurate assessment, a paid valuation from a registered valuer is recommended. This detailed report is often required by banks for lending. Ultimately, a property's true value is only confirmed when it is sold on the open 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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