2 February 2023 Full Name Address Suburb City Postcode Dear First Names RE: [20 Nowhere Street, Forgotten Town, Neverland] Thank you for your time and the opportunity to provide you with an appraisal for your home. [In this paragraph, you can personalise your appraisal to talk briefly about the home or just remove this paragraph altogether] The Real Estate Agents Authority 2008 requires any appraisals to be supported by an analysis of sold properties that are deemed comparable. Therefore, I have researched Harcourts sales statistics, REINZ (Real Estate Institute of New Zealand) and Property Guru, the last two sites being public resource domains. The following sold properties best represent comparable sold properties and have been selected based on their geographical proximity, similarity of their attributes and time of sale;
1. 85 Acacia Ave, Rangiora: A 232 m2 roughcast house that sits on a 700m2 section. This property sold for $531,000 in Dec 2012. I have not viewed this property in respect of the interior however it is of similar age and size to yours with an RV of $415,000. Built 2010 2. 4 Cedar Place, Rangiora: A 220m2 brick house with four bedrooms that sits on a 721m2 section. This property sold for $479,000 in Jan 2013 and has an RV of $415,000. Built 2000-09 3. 8 Cedar St, Rangiora: A 229m2 brick house with four bedrooms that sits on a 790m2 section. This property sold for $560,000 in Dec 2013. This property had an RV of $415,000. Built 2000-09 4. 30 Acacia Ave, Rangiora: A 264m2 contemporary house with four bedrooms that sits on a 801m2 section. This property sold for $525,000 in Feb 2013. This property has an RV of $465,000. Built 2007
SUMMARY: All the above properties are of a similar comparison. Taking into account the current market and the critical analysis of these comparable properties as required by the REAA 2008, I believe a fair market range to be from $___________ to $_____________ .
Once again, thank you for the opportunity to be of service to you. If successful, I can assure you I bring a wealth of professionalism and skill in managing the selling process thus ensuring you receive a totally professional service.
Yours sincerely Grenadier Real Estate Limited
Agent Name Licensed Sales Consultant REAA 2008
Attached Harcourts CMA Property Guru Sales Information REINZ Sales Data
Sold Nearby The Real Estate Agents Act requires any recommendation to be supported by an analysis of sold properties that are deemed comparable. These sold comparable properties have been selected based on their geographical proximity, similarity of their attributes and time of sale. Sale Price
$426,500 to $855,000
Median
$690,000
Mean
$652,357
c.v
$220,000 to $495,000
Median
$431,000
Mean
$406,571
For the property at the median, the sale price was 50.8% above CV.
4/151 Chester St East, Christchurch Central, Christchurch Last Sold Capital Value Land Value Land Use Land Area
$690,000 - 24 Mar 22 $485,000 - 01 Aug 19 $142,000 - 01 Aug 19 Townhouse
Floor Area Roof Walls Building Age
159 m2 Steel/G-1 ron Roughcast, etc 1990-1999
4/279 Worcester Street, Christchurch Central, Christchurch Last Sold Capital Value Land Value Land Use Land Area
$426,500 - 16 Mar 22 $220,000 - 01 Aug 19 $136,000 - 01 Aug 19 Residence
Floor Area Roof Walls Building Age
1·-12
70 m2 Steel/G-lron Brick 1980-1989
8/31 Ely Street, Christchurch Central, Christchurch Last Sold Capital Value Land Value Land use Land Area
$490,000 - 25 Feb 22 $325,000 - 01 Aug 19 $155,000 - 01 Aug 19 Townhouse
Floor Area Roof Walls Building Age
90 m2 Steel/G-1 ron Roughcast, etc 1990-1999
For Sale Nearby
Current Market Analysis Search Options
31 January 2024
Type All Listing Types Search within All Harcourts Price $600,000 to $750,000 Bedrooms 3 to 4 Suburb St Albans Property type House Status Available, Under Offer Sale Date 30 Jun 2023 to 31 Jan 2024
Present Competition Photo
Land area Age
Suburb
39a Flockton Street
St Albans
3
673.00 114 $770,000 15 Dec 2023
56 Thames Street
St Albans
3
435.00
Caledonian Road
St Albans
3
200 Cranford Street
St Albans
3
149
Beds Dwelling
Listing Cap V Date
Street
440.00
List price
Auction 08 Feb 2024
19 Jan 2024
$800,000 29 Jan 2024
Auction 22 Feb 2024
94 $690,000 25 Jan 2024
Auction 22 Feb 2024
Recent Sales Photo
Street
Suburb
Beds
127 Aylesford Street
St Albans
3
92 Aylesford Street
St Albans
15 Flockton Street
St Albans
Dwelling
Land area
Age
Cap V Sale Date
Price
506.00
$660,000 31 Oct 2023
$650,000
3
607.00
$750,000 18 Jan 2024
$719,000
3
850.00
$740,000 07 Nov 2023
$636,000
207 Innes Road
St Albans
4
160.00
408.00
$830,000 08 Dec 2023
$662,350
255 Innes Road
St Albans
3
84
$650,000 08 Dec 2023
$681,000
73 McFaddens Road
St Albans
3
617.00
69
$810,000 16 Aug 2023
$730,000
6 Mersey Street
St Albans
3
506.00
$730,000 12 Jul 2023
$675,000
33 Nancy Avenue
St Albans
3
799.00
$750,000 23 Nov 2023
$640,000
41A Oxley Avenue
St Albans
3
460.00
$690,000 15 Dec 2023
$625,000
9 Ranger Street
St Albans
4
562.00
19 Dec 2023
$705,000
155a Weston Road
St Albans
3
$850,000 16 Nov 2023
$750,000
218 Weston Road
St Albans
3
$660,000 03 Nov 2023
$707,500
673.00
74
This report is a Current Market Analysis (CMA) of your property giving you an estimated value for the property based on the property information provided by you (the Seller) and the current market conditions as at the date of this report. Please carefully review the property information in this CMA and advise us immediately if you see an error as this information will be used to market the property. This CMA is an appraisal only. It is important to note that this is NOT a property valuation. Should you require a registered valuation you must engage the services of an independent registered property valuer.
SOLD FOR $000,000 DAY MONTH YEAR
ON A SCALE OF ONE TO TEN, WE'RE AN ELEVEN! For a decade Harcourts has dominated the real estate agencies category of the Reader’s Digest New Zealand’s Most Trusted Brands. New Zealanders have voted Harcourts the most trusted real estate brand for a remarkable 11 years in a row, making Harcourts the only real estate brand to achieve this honour since the real estate agency category was established in 2013. Harcourts Managing Director Bryan Thomson attributes the long-running trust that New Zealanders have in Harcourts to the commitment its people have to their clients. “We are incredibly proud of our teams across the country who live the Harcourts values of ‘people first’ and ‘doing the right thing’ every day.” “We recognise that trust doesn’t happen overnight – it’s earned each and every time we serve our clients and our communities. That’s why we’ve been constantly adapting and innovating, enabling us to continue to provide outstanding service to our clients through some of the most challenging years in our 134-year history.” “It’s at times like these when our charitable arm - the Harcourts Foundation - also really shines, providing much needed support to local community groups and making a real difference to the lives of others through the generous donations of our people across the country.” The Reader’s Digest Trusted Brands survey has a longestablished reputation as the premier measure of brand trust in New Zealand and around the world. “To be named the Most Trusted Real Estate Brand for ten years in a row is a vote of confidence from the people of New Zealand and we couldn’t be prouder.”