Selling guide

Property valuations NZ: 6 ways to know a property’s worth

Ranked from least to most accurate

Ben Tutty
Last updated: 10 October 2024 | 5 min read
AI

AI summary

Discover a property's worth with methods ranging from free estimates to formal valuations. Use Homes.co.nz to check past sales, the HomesEstimate, and comparable local sales for a starting point. A free real estate appraisal also provides a market indication.

For the most accurate estimate, a paid report from a registered valuer is best and often required by banks. Ultimately, the only certain way to know a property's true value is to sell it and let the market decide.

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

Author

Ben Tutty Ben Tutty
Content Writer