So Does Green Mean Go?

Friday’s announcement by CERA may have brought closure but for many it has not brought resolve. Is it now simply a case of individually trying to get the best outcome from both EQC and insurers before making your final decision? It does seem that we are stuck with what we have got. The land is what the land is and the government has made it clear that they have no intention of turning any of the area red and pulling out the cheque book.

I am fielding a number of enquiries from locals regarding selling their properties “as is”, some damaged and some uninsured. There is a market for these homes if they are perceived safe and to be good value for money. Please rest assured it is not our practise to sell homes that are not structurally sound and to bring reassurance to the buying public we obtain a full structural engineers report upfront. In a number of cases it is quite surprising just how little the damage is in some properties that have been deemed uneconomic to reinstate to their pre-quake condition. It is good to see the house remaining rather than a vacant lot that may not be built on for some time.

 

About Peter Griffioen

Peter Griffioen (or simply "Griff") has been a real estate consultant with Harcourts for over 20 years, selling well in excess of $175m worth of property. Based in Christchurch's north-eastern suburbs, he has come to know the local neighbourhoods like the back of his hand, and in the aftermath of recent earthquakes, is striving to help his local clients navigate a way forward.
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