Drone video of your property can make a fantastic impact on prospective buyers – but don’t get too caught up in this technology. They’re as spectacular for a beachside mansion with a swimming pool and tennis court as they are underwhelming for a one-bedroom unit. In other words, drone video isn’t for everyone so be…
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Have you noticed water tanks installed in city homes or regional properties that are already connected to town water? Rainwater tanks are becoming increasingly popular for several reasons, including a reduction in the quarterly water bill and the environmental benefit. Buyers appreciate green-friendly features that help the planet and shrink the size of utility bills. …
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A handful of smart strategies will help ensure an excellent price for your home when selling in today’s market, where buyer enthusiasm is cooling because of rising interest rates. To achieve a fabulous price today, you’ve got to put in the work. Your home must be pristine and ready to beat the competition in the…
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With headlines of a global reduction in oil and price rises, it’s no surprise an increasing number of buyers are seeking environmentally sustainable homes. Properties that consume minimal electricity for heat and air-conditioning are in big demand. As an experienced agency, we find some buyers will often cite their desire for a “sustainable home” without…
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Apartment buyers are often confronted with the most basic of questions: should I purchase a new unit, or opt for an older building that has long since passed its teething problems? Unfortunately, the answer is as old as the question: it depends! There are pros and cons to both options, as we have listed below.…
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It’s an exciting moment when you’re about to sign a contract to buy your dream home; the possibilities for this new chapter in your life will feel limitless. Before walking this path, though, a few serious administrative tasks must be completed. Perhaps one that can be overlooked is checking the smoke alarms on the property.…
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Finding the ideal location is one of the secrets of smart buying – you can renovate your property, landscape the garden and even install a swimming pool, but there’s little you can do about your suburb. Factoring in your lifestyle needs is essential whether you’re buying your first property or dream home. While your budget…
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Property buyers are in an increasingly strong position, with vendors reacting to the cooling market by lowering their asking prices. Between January, when the market peaked, and September, the national average asking price fell 7.2%, from $992,659 to $921,187, according to realestate.co.nz. That shows a willingness by vendors to lower their expectations if they want…
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Property rents are continuing to steadily climb, although more slowly than the general rate of inflation. Rents increased 4.1% in the year to September 2022, compared to 3.2% in the year to September 2021, according to Stats NZ. By contrast, inflation rose 7.2% in the year to September, which means rental rates are rising more…
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First home buyer market share has reached its highest level in recorded history, according to the most recent data from the Reserve Bank of New Zealand. First home buyers were responsible for 20.8% of the $5.4 billion in new residential mortgage lending activity that occurred in August. That is their biggest market share since the…
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