Thank you for the opportunity to present a market appraisal of your property.
If you have any questions regarding the real estate process or on the current market then please do not hesitate to ask.
Dear Joy
We will do that by going through the following steps:
Facts about the current market 02 Understanding your property details 03 Your property in comparison to others in your area
The value of your property and buyer profiles 05 Recommended method of sale 06 Your bespoke marketing strategy to get the right buyers
Bringing people and property together
Tremains is a local business with more than 50 years of experience supporting people through their property journey. We are passionate about Real Estate and believe in the power of a connected and committed team dedicated to clients and the results they achieve. Our sales consultants pride themselves on offering the right advice based on sound industry knowledge and experience, to take the hassle out of the sales process.
At Tremains, we are fortunate to work alongside New Zealand Sotheby’s International Realty and Colliers International which further strengthens our reach.
We are your trusted partner in Real Estate because we believe in Bringing People and Property Together.
Havelock North June 2024
TotalTremains Sales
Median Sales Price has decreased this quarterwhen Short Month
42.5 3.4%
Hawke's BayWide
Jun 2023 compared to Apr-Jun 2023
$1,040,000 Apr-Jun 2024
Median Days to Sell
$1,005,000 Apr-Jun 2023 June 2024
First Median Days to Sell (with Days) 32 Days 76
Let’s take a look at your property
122 Kopanga Road, Havelock North
Built in 1985, this expansive home sits proudly on a site that has great elevation and views to the ranges. Be greeted by open plan living and kitchen, then further generous rooms - extra living room, separate dining, a further rumpus room and separate laundry. Four good sized bedrooms with great wardrobe space. Original - potential to renovate to a high standard and make this property stand out from the crowd.
4 1 3
Property Features
• Excellent site with expansive views
• Super large home with plenty of scope
• Generous living spaces, good sized bedrooms
• Original but huge potential
• Large garden with views
• Double garage plus a standalone garage for campervan
Land Area: 15700sqm
Floor Area: 320sqm
Rateable Value: $2,480,000
Land Value: $1,540,000
Improvements: $940,000
Hastings District Council: $5,835.65
Hawke's Bay Regional Council Rates: $1,279.75
Legal description: LOT 8 DP 24058 BLK IV TE MATA SD
Title: HBV1/1295
Our goal is to market your property's strongest features to achieve the best result for you.
Sold comparative market analysis
Below is a snapshot of some of the most comparable sales of properties in your area
515 Middle Road, Poukawa
5 3 3
Sale price: $2,290,000
Floor area: 218 sqm
Rateable value: $2,310,000
Sale Date: 23 May 2024
Section size: 12463 sqm
Age: 1960-69
Character home with sympathetically renovated areas
Smaller home but elevated aspect across the plains Inferior on size but equal to on land - re flat land percentage to sloping Slightly out of the village but a nice country home not far from the village but giving you country enjoyment
Better presented than Kopanga
4 2 2
Sale price: $2,200,000
Floor area: 250 sqm
Rateable
Sale Date: 1 May 2024
Section size: 2711 sqm Age: 1950-59
Mid-century, Eric
19 Endsleigh Drive, Havelock North
5 2 2
Sale price: $2,100,000
Floor area: 213 sqm
Rateable value: $2,250,000
Sale Date: 24 May 2024
Section size: 8231 sqm Age: 2000-09 Single storey contemporary property with
4 2 2
Rateable value: $1,860,000
Sale Date: 4 Mar 2024
Section size: 3088 sqm
281 Durham Drive, Havelock North
5 4 2
Sale price: $1,680,000
Floor area: 191 sqm
Rateable value: $2,030,000
Sale Date: 1 May 2024
Section size: 8002 sqm
Age: 1990-99
1994 renovated family home
Private, elevated, views
Separate 1 bed cottage
Mature gardens, pool, smaller section Inferior dwelling size and land
4 3 1
Sale price: $1,600,000
Floor area: 210 sqm
Rateable value: $1,700,000
Sale Date: 20 Mar 2024
Section size: 1178 sqm
2010-19
94 Kopanga Road, Havelock North
Burbury Ridge, Havelock North
Foster Lane, Havelock North
For sale, comparatives in your area
Below is a snapshot of some of the most comparable properties for sale
505 Saint Georges Road,
6 2 4
Advertised sale price: Asking Price
Date Listed: 18 Jul 2024
Floor area: 308 sqm
Section size: 5401 sqm
Rateable value: $2,230,000
Valuation date: 1 Aug 2022
Age: 1980-89
44 Aintree Road, Havelock North
4 3 3
Advertised sale price: By Negotiation
Date Listed: 11 Jun 2024
Floor area: 289 sqm
Section size: 28700 sqm
Rateable value: $2,900,000
Valuation date: 1 Aug 2022
Age: 2010-19
43 Crosses Road, Havelock North
5 3
Advertised sale price: By Negotiation
Date Listed: 21 Jun 2024
Floor area: 471 sqm
Section size: 42264 sqm
Rateable value: $2,340,000
Valuation date: 1 Aug 2022
Age: 1960-69
67
5 3 2
Advertised sale price: Asking Price
Date Listed: 14 Aug 2024
Floor area: 220 sqm
Section size: 13765 sqm
Rateable value: $2,050,000
Valuation date: 1 Aug 2022
Age: 1980-89
Havelock North
Te Mata Peak Road, Havelock North
So, what does this mean for your property?
The results of our research indicate your property is likely to sell between:
$1,950,000 - $2,400,000
By identifying the right target market for your property, we can use the right marketing channels and pricing strategy to effectively reach buyers, for example:
Families
Are looking for a property that suits their unique needs. Whether it's a goodsized backyard, a location close to schools and childcare facilities, or enough room to grow; families generally want options.
Professionals
Are looking for a solid investment that is likely low maintenance allowing them to enjoy the property in their spare time, without requiring a large amount of maintenance.
Location Seekers
Are looking for property in a particular area(s). Often moving into the next phase of their property journey, location seekers prioritise their desired area first and before finding the right property.
Our recommended method of sale
Looking at all of the unique factors of your property we recommend going with a:
Tender
How does a tender work?
A tender is a method of sale where buyers submit confidential written offers by a set date. Offers may be accepted prior to the advertised close date “Tender (Unless Sold Prior)”, however this must be made clear in advertising. You have a five working day irrevocable period in which to decide which offer to accept.
Benefits of selling by tender:
Creates urgency as there is a fixed marketing period
Competition is heightened which can lead to a premium price
You have time to consider offers before you make a decision
There is no ceiling on the price
You can choose either an “Open Tender” (unless sold prior) or a “Closed Tender” (no offers prior)
The benefit of no priced marketing:
No price marketing is a very effective way of attracting buyers - It is undeniable that ‘the market’ and ‘the buyers’ determine what a property is worth therefore listing without a price is better than listing at an over inflated listing price or selling for less than what a property is worth.
Over pricing a property means your property will not attract buyers, therefore “no price” will attract buyers to the property for what the property offers enabling buyers to make an offer that they believe is fair market value.
So, rather than deter buyer inquiry, listing with a no-price marketing method, alongside powerful advertising is a strategy designed to ensure a property gets the widest possible reach, creating more buyer interest, opportunity for multiple offers ensuring the best possible price.
Every method of sale explained
Other methods of sale are available for your property. Let’s look at all the options available to you.
Tender
A tender is a method where buyers submit confidential written offers for your property by a set date and creates a sense of urgency amongst potential customers. Offers can be accepted prior to the advertised close date, but this must be made clear in advertising. There is no reserve price but there may be a price guide. You have a five working day irrevocable period in which to decide which offer to accept.
Deadline Sale
A deadline sale is very similar to a tender process but is less formal and allows buyers to submit confidential written offers by a set date. Offers can be accepted prior to the advertised close date, but this must be made clear in advertising. There is no reserve price but there may be a price guide. Offers are made on a standard sale and purchase agreement rather than on specific tender documents.
Auction
Selling a property at Auction is an open process where buyers bid against each other. You set a reserve price before the auction and once this price is reached, the property is sold to the highest bidder
Price by Negotiation
This strategy sees a buyer make an offer based on what they think your property is worth. Buyers have to do their own research to make this judgement then you can negotiate with them on price through a sales person.
Fixed Price
A fixed price gives the buyer a price guideline and allows for a property search by price on real estate websites. The fixed price may make it easier for buyers to determine if the property is within reach. If the property is priced correctly, it will attract a lot of interest, and in some cases have multiple offers resulting in a premium sale price.
Our promise to you
As an exclusive client, we will instil confidence in the process of marketing your property and give our absolute guarantee that you will receive the best service. We will work closely with you and communicate the following:
• A complete and comparative market analysis on your property
• A marketing plan that suits your needs
• Provide a calendar of the marketing in place
• Quality marketing that showcases your property
• Certificate of title search
• Tender or Auction Terms of Sale if required
• Placement of your property on websites and weekly open home planning
• The use of social media marketing
• Quality signage and flyers distributed in the area
• When our full sales team will view your property
• All offers presented in writing and call backs to all interested parties
• Weekly inspection and written market report
Commission
Tremains seeks an appointment on a 90 day sole agency with a fee based on the following scale of charges:
•2.50% flat fee of the sale price
•$650 base fee/all charges are plus GST
The fee is payable only on completion of an unconditional sale
Susie Sturt and Jarrod Lowe did an amazing job selling our house for us. They kept us in the picture.
D&V Havelock North Sold
Sold
Susie and the team went the extra mile to help ... accommodating, friendly and easy to deal with.
Jarrod provided excellent counsel throughout our quest to purchase a property in the Havelock North district.
R&N Havelock North
D Hastings Sold
Blending two exceptional salespeople with a wealth of knowledge and accomplishments, the combined strengths of Susie and Jarrod are exactly what you need when selling your property.
Local and well-connected with an impressive network of contacts built up over the last 25 years, Jarrod places client service at the heart of his approach. Susie has nearly two decades of residential property sales under her belt and is renowned for her amicable personality, devotion and unparalleled customer service.
Jarrod’s down-to-earth approach and ability to deal with people from every walk of life complements his commercial acumen and understanding of client needs, gained from owning several local businesses in the region. Combined with Susie’s creativity and natural talent for interior design and landscaping enabling her to bring the presentation of a home to the forefront, the two are a real asset as a team.
Individually, Susie and Jarrod have established a solid reputation, with a network of loyal clients and referrals. Together, this is the powerhouse you’ll want working to sell your home.
