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. For a rough guide, use free tools like the Homes.co.nz HomesEstimate or research recent sales of comparable properties. A real estate agent's appraisal provides a more informed, yet still free, market indication.
For the most accurate assessment, often required by banks for lending, a paid valuation from a registered valuer is necessary. Ultimately, a property's true value is only confirmed by 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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