What price should you sell your house for?​

It’s important to do some research before deciding on the asking price for your home. We can help you—we are in touch with the market and can draw on the experience of everyone at Glass Miles Real Estate.

Market Appraisal

We can provide a free, no obligation Market Appraisal – showing you trends and analysis of the current comparative sales, in relation to your property. A proposed price range for the sale of your home will be based on comparable sales of similar properties in the area, along with similar properties currently on the market. 

The Market Appraisal includes:

• Property details: address of the subject property, legal description, size of house and land, rates, RV, age
• Comparable sales of similar properties in the area
• Description of the property following a visit
• Marketing options – e.g. private treaty, deadline sale, tender, auction
• Our fee structure
• Our Profile
• Tips for presenting a home for sale
• Documentation to assist in a sale – e.g. insurance, EQC, documentation of any building work completed, land classification, permits and code of compliance
• Information about Glass Miles Real Estate

Rateable Value (RV)

The rateable value provided by your local authority is not necessarily a good guide to what your house might sell for. Some homes sell for a lot more, or less. The value does not include the quality of the chattels - such as carpet, drapes, light fittings, appliances and built-in items that can add to the saleable value of your property.
 

Recent Comparable House Sales

To find out how much comparable homes in the area sold for in recent months, you can buy this information from QV, however we can provide similar information from the REINZ (Real Estate Institute of New Zealand) database, and Property Guru.
 

Registered Valuation

A registered valuation isn’t essential but can assist in ensuring your house is priced appropriately for the market. It would also be of interest to potential buyers. Ask your lender who they recommend you use. The valuation may cost $600-$1000, but it can be a good guide to how much your property is likely to sell for. The valuer will look at the features and condition of your home, as well as what similar properties in the area have sold for.

A registered valuation can be a useful negotiating tool. You don’t have to tell your agent or anyone else what the valuation is, but you can indicate that an offer is under valuation and needs to come up. Or if you’re happy to accept an offer at the valuation price, you could offer to share the valuation report with the buyer, if they share the cost with you.