Thanks for mee ng us on Wednesday and for the opportunity to provide a current market appraisal for your property
The content of this submission includes a strategic marke ng plan that will help us to achieve the best possible results in the current market
The following pages include recent suburb sales data and demographics, some sugges ons for a marke ng investment, and a li le bit of informa on about us, along with genuine feedback from our clients following the sale of their homes
We understand that the sale of your property is important and want to assure you that we take the marke ng and sale of your property seriously
Our aim is to provide the best possible service and the best results, every me.
We’re proud to be supported by Now Realty Group, one of New Zealand’s top performing Ray White franchises and backed by the fastest growing real estate brand in the country
On behalf of our team and Ray White’s Now Epsom, we look forward to working with you
Warm regards,
Stuart & Murray
Ray White Epsom
027 574 7659 | stuart robertson@raywhite com
027 466 2660 | murray.dow@raywhite.com
Property Description
A single level brick and le home unit on a cross-lease tle, being the front unit in a block of three
Sited on a flat undivided 1/3 share of 999 square metres (more or less) and falling under the Residen al Mixed Housing Urban zoning
With an secure front garden and located in one of New Lynn's most desirable streets there is an abundance of features to a ract mul ple buyer groups
A er research, your home is sure to a ract a en on from a number of buyer groups including
First home buyers looking at their ini al step up the property ladder
Astute investors looking to add value and obtain a rental income
Down-sizers from the area wan ng a more compact home
Buyers wan ng a low maintenance Auckland base.
The market is currently in a stable state with property prices not expected to undergo any significant movement in the next 2-3 years
This is an ideal me to sell and to u lise the capital and gain the purchasing control in this market (that is currently si ng with buyers) The upcoming OCR announcement may further s mulate the market
We have seen
A reduc on of DOM (average days on market) in your area
Many homes being sold by auc on have a DOM of around 21 -28 days
There are increasing numbers of “under the hammer sales” and pre auc on offers
We have appraised your property as detailed in the following pages and would envisage an improvement on sales prices as the market recovers
When you feel it is me to move on with your future plans, we are here to work with you to ensure that we maximize your property value come sales day
This Compara ve Market Analysis provides an es mate of the probable selling price for 1/12 Parker Avenue, New Lynn
The es mated selling price is based on other proper es deemed 'comparable' - either sold or currently for sale in the area, plus suppor ng market informa on
Descrip on
Capital value: $680,000
Land value: $390,000
Valua on ref: 33355/19600A
Valua on Date: 2024
Improvements: $290,000
Land Area: 1/3 999
Floor Area: 120 m 2
Bedrooms: 3
Bathrooms: 1
Car Spaces: 1
Building Age: 1970
Council Rates: $2,454
Zoning: Mixed Housing Urban Zone
Wall Material: Mix
Roof Material: Tile Profile
Property Descrip on
The sale price of comparable proper es in this report range between $625,500 and $925,000 Es mated Appraisal Price
Based on the selected proper es that have sold nearby, this property is likely to sell for between $760,000 and $820,000
Your property would receive wide market attention when launched as part of a strategic and targeted marketing campaign, attracting qualified buyers competing for the chance to secure your property.
The most effective sales method in the current market is sale by public auction The first stage of our marketing process is crafted to ensure the following benefits:
Time-Limited Campaign: This approach minimizes your days on the market by creating a sense of urgency among buyers
Focus on Buyer Value: By removing price focus, we highlight the current value buyers place on the property, thereby attracting genuine interest
Unconditional Readiness: Buyers are prepared to make unconditional offers, streamlining the sale process
Competitive Environment: The auction format fosters competition among buyers, rather than pitting them against you, the seller
Pre-Agreed Terms: Buyers agree to your terms and conditions before bidding begins, ensuring clarity and efficiency
Seller’s Motivation: An auction signals to the market that you are motivated and committed to achieving a sale
Prepared Agreements: Sales and purchase agreements are prepared in advance, enabling us to obtain offers in writing promptly and with urgency
Ongoing Communication: After every open home or inspection, we will provide a detailed call and weekly written reports, including buyer feedback, to keep you informed and support your decision-making process on sale day.
Stage Two: Conditional Negotiations
Should the auction not achieve an acceptable level of bidding, our marketing plan includes a second stage where we will engage with buyers on a conditional basis This ensures that we have a plan in place to secure the best possible outcome for your property. We are confident that this strategic approach will position your property to attract the attention it deserves and ultimately achieve a successful sale
Commission Calculation
Based upon the recent sales and taking into account the current market condi ons, we appraise the value of the subject property, with the poten al to be more in a compe ve buying situa on, within the range of: $760,000 to $820,000
With a base fee of $950 00 and a standard commission of 4% on the first $500,000 and 2 5% therea er, the es mated commission based on the mid-range sale price of $790,000 would equal:
$28,200 (plus GST)
Our commission is performance based and is only chargeable when we bring you an offer that you are happy to accept for your property.
We have reviewed the Record of Title and legal interest and in our opinion there are no encumbrances that will have an impact on value.
However, we have not reviewed the Land Informa on Report (LIM Report) Therefore our appraisal is subject to any compliance or local authority issues that may be iden fied therein.
We highly recommend you complete the presenta on works that we discussed at our mee ng, as this could add significant value in the eyes of the buyers
The only certain way of ascertaining market value is from qualified buyers wan ng to purchase during the sales campaign
Lease of Flat 2 Composite CT NA44D/148 issued (A ects Fee Simple)
Land Covenant in Lease 388438.2 (A ects Fee Simple)
Lease of Flat 1 DP 86961 for the space of 999 years as from and including 1.7.1978
Composite CT NA44D/147 issued (A ects Fee Simple)
Lease of Flat 3 Composite CT NA44D/149 issued (A ects Fee Simple)
Land Covenant in Lease 388438.1 (A ects Fee Simple)
Land Covenant in Lease 388438.3 (A ects Fee Simple)
Mortgage to Kiwibank Limited - 26 7 2024 at 12:52 pm
The information provided on this Title Details form acts as a guideline only As a result, Relab cannot and does not provide any warranties or assurances of any kind in relation to the accuracy of the information provided through this report Relab will not be liable for any claims in relation to the content of this report.
This school data from the Ministry of Education Please advise that school zones and other details are subject to change and you should not rely on this information alone To check current boundaries or other details you should contact the school concerned Relab accepts no responsibility for any action taken on the basis of information provided below, or for any errors or omissions.
This school data from the Ministry of Education Please advise that school zones and other details are subject to change and you should not rely on this information alone To check current boundaries or other details you should contact the school concerned Relab accepts no responsibility for any action taken on the basis of information provided below, or for any errors or omissions.
