Barfoot & Thompson - Property Live - Franklin Region

Welcome!

to Property Live Franklin edition

We profile an exquisite masterpiece this week.

5 Winstone House Road, Paerata.

This remarkable residence in the heart of the sought-after Paerata Rise community, is a realm of comfort and sophistication.

Featuring an open-plan space with raked high ceilings, a stunning schist fireplace, seating area, a designer kitchen with stone bench top and butler’s pantry, and a recessed wine rack and bar, that easily integrates with a beautiful sunken lounge and entertainment room, study nook, four double bedrooms including a luxury master with skylights, walk-in wardrobe, and a breathtaking ensuite, a family bathroom with separate w.c., guest toilet, and laundry.

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Plus, a double garage, and a seamless indoor/outdoor flow onto the large north-facing deck with oven.

A piece of luxury living not to be missed. Contact Simone Simpson to schedule a viewing now!

To view this property further down in this magazine, click here.

Keep an eye on our website listings by clicking on the “visit listing” tab.

Winstone House Road, PAERATA

5 Winstone House Road, Paerata

UNPARALLELED EXCELLENCE

Welcome to a masterpiece crafted by Precision Homes, nestled in the heart of the esteemed Paerata Rise community.

This exquisite residence, previously utilised as a show home, is now ready to embrace its new owners in a realm of unparalleled comfort and sophistication. 4 2 2 2 2

As you enter through the grand entrance adorned with cedar paneling, you’re greeted by a modern yet private ambiance, illuminated by carefully placed lighting that guides you into a realm of elegance.

The kitchen and dining area boast raked high ceilings, creating an expansive atmosphere where culinary adventures await. Here, a beautifully designed kitchen, featuring an engineered stone bench top, double ovens, integrated appliances including fridge and dishwasher, and a spacious butler’s pantry. If you like a drink or two, take advantage of the recessed wine rack feature as well as your very own bar.

Adjacent to the kitchen, an openplan space reveals a stunning schist fireplace, seamlessly blending with a seating area,

perfect for gatherings and moments of relaxation.

If you’re after more of a family area there is a beautiful sunken lounge and entertainment room, where comfort meets style. Or find solace in the built-in sitting area and enjoy a book.

If you’re working from home or the kids need a work station, there is a thoughtfully created study nook offering a space for productivity and creativity.

This exceptional four-bedroom abode boasts a master suite that exudes luxury, complete with skylights, a walk-in wardrobe, and a breathtaking ensuite featuring a double head shower and expansive glass windows, inviting the natural light in.

Each double bedroom has been meticulously styled with feature

walls and built-in storage, ensuring both beauty and functionality throughout the home.

Experience the seamless transition between indoor and outdoor living with exceptional flow onto the large northfacing composite decking area which can be accessed by various rooms in the home.

Located in the sought-after Paerata Rise community, surrounded by qualitybuilt show homes, this property comes at very high spec, with the peace of mind of a Master Builders Guarantee.

Paerata Rise offers more than just a place to live; it’s a thriving community with amenities such as a new primary school, preschool, Rise n Shine Cafe, playgrounds, walking tracks, and a forthcoming train station, all within a short drive to the motorway at Drury. Don’t miss your chance to own a piece of luxury living in Paerata Rise. Schedule your viewing today and make this dream home yours.

2:00pm 16th May 2024 at 68 King Street, Pukekohe (Branch Office) (unless sold prior)

AUCKLAND REGION MARCH 2024

March Activity and Prices Breach Auckland’s Property Log Jam HOUSING MARKET Update

Managing Director, Peter Thompson

Residential property sales in Auckland in March made a significant breach in the log jam of homes that remained unsold in the first two months of the year.

“March was the most active trading month the Auckland housing market has experienced in the past two years” said Peter Thompson, Managing Director of Barfoot & Thompson.

“The log jam was breached, and we sold 1061 properties in the month, the first time we have exceeded the 1000 mark in two years, and the prices paid for those homes were the highest in 18 months.

“Both the median and average sales prices have now moved above the $1 million mark.

“The median sales price at $1,050,000 was up 8.2 percent on that for the previous month, and the median price is now 4.2 percent higher than the average median price for the previous 3 months.

“The average sales price at $1,227,495 was 10 percent higher than last month and is up 8.9 percent on the average price for the previous 3 months.

“Both the median and average price are higher than they were at the same time last year.

“In March, buyers made the decision that at current prices property represented value for money and that they were prepared to live with mortgage interest rates at current levels.

“Now that confidence has returned to the market, there is every prospect that buoyant conditions will continue through Autumn.

“New listings continued to reach the market at strong levels, with 1952 listings in the month, and at month end we had 5741 properties on our books.

“While we sold homes at the equivalent of 34 a day, the level of new listings outpaced sales and the choice of homes for sale in Auckland remains the highest it has been for more than a decade.

“A feature of March’s sales was the return in strength of buyers at the top end of the market, with 89 homes being sold for more than $2 million and of these, 27 sold for more than $3 million.

“Sales in the rural and lifestyle markets were in line with those experienced 12 months previously.

“While these markets did not experience the lift in activity seen in the Auckland metropolitan area, there was a general feeling of more confidence among vendors and buyers. Higher listings in March over those in the early months of the year gave potential buyers in these markets greater choice than has recently been available.”

Barfoot & Thompson knows Auckland best. It is the city’s leading real estate company, selling around one in three Auckland residential homes, significantly ahead of all other competitor brands.

Mangatangi, Mangatawhiri, Mauku, Mercer, Onewhero, Otaua, Paerata, Patumahoe, Pokeno, Port Waikato, Pukekawa, Pukekohe, Pukekohe East, Puni, Ramarama, Runciman, Tuakau, Waiau Pa, Waiuku & Whakatiwai.

MARKET Watch

Discover the best new property listings in your local area.

Press the play button where video is available or view more details on barfoot.co.nz by following the ‘view listing’ link.

Our team are happy to help any time by phone, email or video.

PROPERTY LISTINGS IN

Patumahoe

PEACEFUL PATTY PARADISE

Nestled in one of Patumahoe's most coveted streets, this exquisite home epitomizes modern luxury living. Situated in a tranquil cul-desac, its elevated position offers pleasant views and coveted northern exposure, bathing the home in all-day sunlight.

This family home has been meticulously designed with premium features throughout, such as high-quality stone countertops in the kitchen and bathrooms as well as floor-to-ceiling designer tiles in the bathrooms. The heart of the home is the designer kitchen, a chef's delight with Bosch appliances, an induction cooktop, butler's pantry, and striking black-and-white aesthetics seamlessly integrated with the outdoor entertainment area. Jane Diepraam 0273 892 690 j.diepraam@barfoot.co.nz

PATUMAHOE

PROPERTY LISTINGS IN

Pukekohe

YOUR FIRST HOME?

It may need more than TLC but any handyman could cope with the necessary renovations and turn it into a super-starter to get you on the property ladder or even an ideal investment.

Perfectly situated within walking distance to shops, supermarkets, restaurants, Pukekohe town centre, and recreational facilities, convenience is at your doorstep.

This spacious brick house, spanning 100sqm on a freehold 448 sqm section, boasts three bedrooms, a lounge, dining room with kitchen, a separate full bathroom, and a convenient carport. Partially fenced, it offers privacy and security for your family.

PUKEKOHE

12 FAIRFIELD STREET

THIS IS THE ONE!

Welcome to this eye catcher, sun-drenched marvel, a 160sqm midcentury modern oasis nestled amidst beautifully landscaped gardens and entertainment areas. The kitchen is a culinary dream, boasting over 7.5 meters of usable bench space crowned with engineered stone benchtops. Equipped with a dishwasher, electric stove, filtered drinking water system, ceiling-height pantry and range hood; it's a chef's paradise. Adjacent to the kitchen, an enclosed porch/mudroom adds practicality and charm, leading seamlessly to a fenced spa area while overlooking the large lush back lawn. Outside, a bounty of fruit trees - Feijoa, lemon, peach, lime, mandarin, apple, and miniature guava—beckons nature lovers, while the location on a tranquil street offers easy walking access to town amenities, schools and Pak'nSave

Difference between rateable & market value

What is rateable value?

Rateable value (RV) is the ‘value’ of a property set by the local authority for the purpose of determining and allocating rates. It is made up of three components:

• Capital Value (CV) - based on recent comparable sales in the area

• Land Value (LV) – based on recent sales of vacant section in the area

• Value of Improvements – the CV minus the LV

Auckland Council rates are based on capital value, so in the Auckland region your RV is the same as your CV.

The RV (or CV) is the value of a property at one given date, based on properties that have sold around the time of that one given date. It used to be referred to as a government valuation (GV).

The law requires all councils to revalue properties within their boundaries every three years. The last revaluation took place in June 2021 as the 2020 revaluation was delayed due to COVID-19, and The Valuer-General granted a 12-month deferral to understand how this would impact on the property market. Updated property values are available on the Council’s website: www.aucklandcouncil.govt.nz.

Read the latest market and suburb report in our Market Reports section

Talk to a salesperson in your area

What are the 'value of improvements' they refer to?

Improvements refer to anything that is on or for the benefit of the land. This will typically include the home that sits on the land, the landscaping, driveway, etc, or if it's a section, any work completed, such as services installed, landscaping or driveway access.

How does the council decide on the probable price of a home?

To calculate rateable value, the Council undertakes a mass appraisal valuation exercise comparing recent sales in an area to the property being valued.

The Council holds information for each individual property such as property type, location and land size, zoning, floor area, views, consented work (such as renovations), and many other factors.

So is this the 'value' of a home... or not?

The council are very clear that the revaluation process is not done to provide values for property owners - for marketing, sales or any other purposes. It is done primarily for rating purposes and the Council are required to do this by law.

And because not all factors are considered - for example, work carried out that didn't require a consent, redecoration, chattels and appliances - the rateable value is not the best way to calculate what a home will sell for in the open market.

That's where market value comes in

Market value is the probable price a home would sell for at any given date and can be affected by market factors at the time, including things like:

• Supply and demand - the number of homes available vs the number of buyers looking

• Interest rates

• The existing and potential use of the land

• The economy - including local, national and international factors.

When trying to work out the value of a home, you’ll also want to take into consideration emotional factors that impact on buyers, like visual appeal, neighbourhood vibe, and access to schools.

How can I work out the market value of a home I'm interested in?

There's no exact recipe, but if you do your research, you'll have a much better understanding of the likely price range homes are selling for in the areas you're keen on. Here are a couple of tips:

Talk to a real estate salesperson - and become an expert on your chosen area/s

Real estate salespeople know how much homes are selling for in your desired area/s at any given time. They know what your competition looks like, and they have access to market data, including comparable sales.

They can also provide you with information on the buying process, including how to bid at auction. Talking to a salesperson is a great place to start if need help understanding and estimating market value.

Find a Barfoot & Thompson salesperson in your area

Get a private valuation by an independent registered valuer

Registered property valuers are impartial and independent property professionals who are qualified and trained to assess the market value of your property.

They should have in-depth knowledge of the real estate market, particularly recent sales in your area and an understanding of building methods, architecture and style. They’ll also be familiar with district plans, the RMA and government legislation.

In some circumstances, an independent registered valuation will be required by your bank as part of your mortgage approval.

Need more help?

If you’d like to know more about market value, talk to a Barfoot & Thompson salesperson today. When it comes to researching and buying a house, it’s important to understand the difference between rateable value - set by the council - and market value, which is what buyers (like you) are prepared to pay on the day.

PUKEKOHE

TENDER

12:00pm 23 May 2024 at 68 King Street, Pukekohe (unless sold prior)

BUILD YOUR DREAM HOME IN A SERENE SETTING

Have you been looking for that perfect home and just haven't found it? What about building your dream home here? In a family friendly cul-de-sac in mighty family friendly Pukekohe. Discover the perfect canvas for your dream home on this 754sqm flat section nestled in a quiet cul-de-sac. Embrace the tranquility of a beautiful bush backdrop that provides a peaceful retreat right at your doorstep.

This section boasts 754sqm of near flat land, situated in a quiet culde-sac, offering you a serene environment to build your dream home.

Diana Cussen 027 225 8131

d.cussen@barfoot.co.nz

PUKEKOHE

MODERN LUXURY MEETS SERENE LIVING!

Discover the epitome of modern luxury and serene living in this brand-new weatherboard masterpiece, nestled in an elevated position with awe-inspiring rural vistas. Thoughtfully designed, this home offers the perfect fusion of comfort and style for you and your family.

As you step inside, you are greeted by beautifully presented interiors adorned with crisp white walls and carefully considered lighting that accentuates the warmth of the oak flooring and timber ceilings. This attention to detail creates a harmonious atmosphere throughout, inviting you into a world of contemporary elegance.

Nand Lal 021 137 5675

PUKEKOHE

CONVENIENCE WITHOUT COMPROMISE

Explore a sanctuary of understated elegance in this pristine home in the popular Valley neighborhood. Just a short stroll from the bustling center of Pukekohe village, this property marries serene living with unmatched accessibility. Upon entering, the open-plan design with its impressive vaulted ceilings immediately welcomes you, fostering a sense of spaciousness and light. This central living area seamlessly integrates the kitchen, dining, and lounge spaces, enhanced by the comfort of a heat pump for optimal climate control year-round. Be quick to inspect!

This modern and spacious brick and tile family home is an ideal choice for families and investors alike. Located in a prime spot on a 442m² section, zoned for Tamaoho School, you'll find yourself within easy walking distance to town and amenities and schools.

Tucked away down a shared driveway, the fully fenced property offers privacy and security. Conveniently located near transport, shops, and schools. Don't miss out on this opportunity to own a low maintenance family home or investment property in a great location. Contact us today to make this your new home sweet home!

PROPERTY Management

Finally have the assurance that your residential property is professionally cared for and you are being paid on time, every time, at the best rental return without the time commitment or unreliability.

AUCKLAND AVERAGE TOTAL

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LATEST SALES

MADE RECENTLY BY BARFOOT & THOMPSON FRANKLIN BRANCHES

LATEST SALES

MADE RECENTLY BY BARFOOT & THOMPSON FRANKLIN BRANCHES

LATEST SALES

MADE RECENTLY BY BARFOOT & THOMPSON FRANKLIN BRANCHES

LATEST SALES

MADE RECENTLY BY BARFOOT & THOMPSON FRANKLIN BRANCHES

LATEST SALES

MADE RECENTLY BY BARFOOT & THOMPSON FRANKLIN BRANCHES

LATEST SALES

MADE RECENTLY BY BARFOOT & THOMPSON FRANKLIN BRANCHES

PUKEKOHE

Branch Manager

Nick Bates

Branch Manager

Nick Bates POKENO

P 09 238 7019 E pukekohe@barfoot.co.nz barfoot.co.nz/pokeno barfoot.co.nz/pukekohe

P 09 237 8310

Branch Manager

Nick Bates

E tuakau@barfoot.co.nz barfoot.co.nz/tuakau

P 09 232 6762 E pokeno@barfoot.co.nz

TUAKAU