Prepared by Kelly Cowan
234a East Road Reporoa Rotorua 3081 29/11/2022
Dear John & michelle
On behalf of Property Brokers, I wish to thank you for the opportunity to discuss the marketing and sale of your section. Our objective is to deliver the best possible result for you, in support of your motivation for a successful sale.
The appraisal process includes our indicative appraisal price, taking into account other recent comparable sales in the area, aligned to what might be expected, given our knowledge of current market inquiry.
As part of this appraisal, I have included information on marketing options and anticipated costs in support of our preferred sales method. The chosen method of sale is ultimately with you to decide, however best practice is always to nominate a time bound sales campaign to generate competition and a premium for your property.
We have a team of rural professionals who pride themselves on traditional straight up honest service, backed up by best in class digital applications, to ensure the best possible market reach, databases and communication.
I am enthusiastic and excited to have the opportunity to sell your property, and I am looking forward to working with you to get the job done. If you have any questions relating to any aspect of this appraisal, please do not hesitate to contact me.
regards Kelly Cowan Rural/Lifestyle Sales ConsultantKind
* A large 2850m2 section.
* Close by amenities such as the golf course, Pony Club, Squash, Schools and Village.
* A easy commute 25 minutes from Taupo town and 30 minutes to Rotorua.
* Buses locally to schools in Reporoa and to town.
* Great lifestyle options for locals or out of town people wanting to have a change.
The key selling features of your property, which we believe are important to present to the market.
• A large 2850m2 section for those planning a new build and shedding.
• An easy commute to Taupo and Rotorua which would suit working couples .
• A area that is growing and has plenty of job opportunity's.
• Majestic views of the open farmland.
• Opportunity for families to relocate and establish themselves in Reporoa.
The target market for your property includes the following buyer categories.
• Expats returning home and wanting to build new.
• Mail out to our database of registered buyers.
• Listing your property on all internet sites discussed.
• A tailored marketing campaign to showcase your property.
• Local residents or families from out of town looking for lifestyle option
This 2850m2 section at the front offers a small piece of country tranquility and lifestyle. Located in Reporoa and is the largest section of the 4, you will never have to worry about being crowded in, large enough for the home of your dreams and room for the huge sheds. Reporoa golf course on one side and open farmland/blueberry orchard the other. A easy commute 25 minutes from Taupo town and 30 minutes to Rotorua, For the pony enthusiasts pony club just up the road, it also offers great local schools close by, it's a great area to bring up the kids or even create a home away home for the extended family. Reporoa town only 5 minutes away provides all the amenities you will need when you don't want to venture into town.
Kelly Cowan is a Bay of Plenty local with extensive knowledge of this region. She’s a ”Country girl at heart” with a passion for the outdoors.
Raised in Te Puke her Grandad first introduced her to farming, Kelly describes the farming industry as “doing what she loves most” and channels her rural real estate expertise into supporting this industry and its community.
Kelly worked at Limestone Downs, a well-known sheep and beef station, and whilst learning the diversities of the agriculture industry Kelly married Rob. Together they have continued their farming profession for over 16 years, and are currently farm mangers, while raising their five children.
Kelly is highly motivated, is approachable, and very supportive of rural events. Certainly Kelly’s vast farming network, and her experience in the rural sector, will give her a distinct advantage when working with her real estate clients.
Kelly Cowan is a Bay of Plenty local with extensive knowledge of this region. She’s a ”Country girl at heart” with a passion for the outdoors.
Raised in Te Puke her Grandad first introduced her to farming, Kelly describes the farming industry as “doing what she loves most” and channels her rural real estate expertise into supporting this industry and its community.
Kelly worked at Limestone Downs, a wellknown sheep and beef station, and whilst learning the diversities of the agriculture industry Kelly married Rob. Together they have continued their farming profession for over 16 years, and are currently farm mangers, while raising their five children.
Kelly is highly motivated, is approachable, and very supportive of rural events. Certainly Kelly’s vast farming network, and her experience in the rural sector, will give her a distinct advantage when working with her real estate clients.
Kelly Cowan Rural/Lifestyle Sales Consultant
General Manager - Rural
M 027 643 7437
E conrad@pb.co.nz
Bay of Plenty and South Waikato
Regional Manager
M 021 889 744
E simon.short@pb.co.nz
Sales Manager
M 027 290 9541
E stacey.zuccati@pb.co.nz
Bay of Plenty/Northland Rural Manager
M 027 492 5878
E ian.morgan@pb.co.nz
Rural/Lifestyle Sales Consultant
M 0272067800
E kelly.cowan@pb.co.nz
Rural/Lifestyle Sales Consultant
M 027 619 3051
E greg.kellick@pb.co.nz
Rural/Lifestyle Sales Consultant
M 027 305 3900
E kelly.fraser@pb.co.nz
Senior Sales Consultant
M 027 496 4417
E paulo@pb.co.nz
Present value can be defined as the most probable price a property should sell for in an open and competitive market within a reasonable amount of time. Of course, every farm is unique and every situation is unique; we do take all variations into consideration when determining a good listing price, but looking at comparable sales is a good place to start
724 Te Kopia Road, Waikite Valley
Area 9960 m2
Marketed at Price By Negotiation Sold For $230,000
878 Te Kopia Road, Waikite Valley
Area 7993 m2
Marketed at Price By Negotiation Sold For $790,000
938 State Highway 5, Hamurana
Area 20540 m2
Marketed at Price By Negotiation RV $950,000 Sold For $1,150,000 Sold Date 27/10/2022
Marketed for 64 days. Comparable with your property although it is bigger. It was subdivided off a farm.
321 Days to Sell was also part of a subdivision from a farm. Not comparable to your property as it had a farm dwelling that was sold with the land.
Not comparable to your property as this has an established dwelling on it and the land size is alot larger to yours.
1561 Whirinaki Valley Road Ngakuru Rotorua District
Area 11845 m2
Marketed at By Negotiation Not Disclosed RV $925,000
320 Rehi Road Ngakuru Rotorua District
Area 2213 m2
Marketed at By Negotiation Not Disclosed RV $515,000
33 Highview Drive Wairakei Taupo District
Area 42506 m2
Marketed at By Negotiation Not Disclosed RV $419,000
Not comparable to your property, this has an established dwelling on it and backs onto to a lake in Ngakuru.
Similar land size area, although not comparable to your property.
Larger land area not comparable to yours.
Taking into account the comparisons and after consideration of the unique characteristics of the property, the indicative appraisal value of your property is:
A Slice Of Reporoa Country
$275,000 to $300,000
Looking at the recent sales in this area i feel the range we have come too is a realistic value for your property.
Keeping the section well maintained and presentable is valuable for sale in this market.
234A East Road, Reporoa, Taupo
Thank you for the opportunity to allow me to assist in the sale of your section.
In order to help you make the most appropriate decision with regards to pricing and marketing, I have prepared a Comparable Market Analysis for your property. This analysis will help you determine the most appropriate pricing strategy to get your property sold for the best price.
Recommendation A Slice Of Reporoa Country $275,000 - $300,000 Method of sale Deadline Private Treaty Time frame 4 weeks to market your property. Commission To be discussed Key personnel Kelly Cowan Rural/Lifestyle Sales Consultant
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