Insurance rebuilds sell well

SOLD: 31 Queenspark Drive, an insurance rebuild, went under offer in its first week on the market for $475,000.

SOLD: 31 Queenspark Drive, an insurance rebuild, went under offer in its first week on the market for $475,000.

Demand strong
This Thursday will see the settlement of our third insurance replacement/new build home that clients have asked us to sell. The demand for these new homes has been strong with two of the three selling prior to marketing, and the third after just one week on the market. The appeal of these properties is being recognised by locals, and when considering them amongst their peers, buyers need little convincing that they are a wise choice. Brand new always has appeal, not to mention future-proofed foundation systems, quality insulation factors and the like.

Values higher than their peers
Our experience is that purchasers are happy to pay more for these homes on the basis of the perceived value for money and the quality and peace of mind of a seismically-proofed home is not hard to justify. Besides these homes are still considerably more affordable than their counterparts in new subdivisions where land and building costs are looking to be recouped by a speculator, building company or owner.

Locals like to live local
These homes have appeal for locals as they like to live within the community that they are familiar with and these areas often provide the amenities and services needed nearby. Besides older communities and suburbs have soul and it’s nice to have that assurance that you will fit into a community, especially so if you already know the locals.

Rebuilding a good choice
Not only for the reasons above, but I often find myself encouraging clients to consider rebuilding when tossing up their insurance options. With so many rebuilds emerging on the horizon and new homes replacing just about every home that is demolished, the vibe is very positive. In fact I would say this is one of the biggest confidence boosters for the eastern suburbs – a very clear message that says “there is life after such a devastating event” – so good on those who have made the choice to rebuild. You won’t regret it and you will stand to get rewarded handsomely when you do choose to sell which has already been proven by the sales to date.

Have a good week and continue to enjoy the upsides of our post-quake rebuild!

This entry was posted in Uncategorized and tagged , , , , , , on by .

About Peter Griffioen

Peter Griffioen - or simply Griff to those who know him - has an established reputation as a high-producing Harcourts Canterbury salesperson. With a focused approach to customer service you can rest assured that you are in good hands, whether it be a relaxed chat about the state of the market or an in-depth discussion regarding your next property transaction. The key advantage of engaging Team Griff’s services is their local knowledge and experience. Currently in this post-seismic era, it is vital to have true professionals working on your behalf, ensuring that you are guided through the process professionally and with a caring approach. The advent of the ‘as is, where is’ market means specialised expertise are required and Team Griff has taken it on themselves to both understand and explain the pros and cons of this now accepted sale/purchase option. For over 26 years the Griff brand has become synonymous with achieving results. Griff now prides himself with his five member team and takes much satisfaction from empowering them to both achieve and reach their own goals. A team with a proven track record placed with the highest ranking Harcourts Million Dollar Club members, exceeding the $275m level. Such accomplishments highlight the team’s exceptional marketing and negotiating skills. Team Griff are recognised as industry leaders for their online presence and regular blog posts of current and relevant real estate information. E-marketing and readily available property specific detailed info means Team Griff’s clients have the edge when it comes to selling their homes, not forgetting purchasers who benefit first hand. A simple Google search says it all – the Griff brand ranking with the most frequent. Griff’s life focus extends beyond business, with quality time and fun being high priorities, while mountain biking, boating and fishing provide that vital time out. His Christian faith is his anchor for daily living, and his community is important to him. For a team approach to optimize the result for your next property transaction, be sure to talk to this award winning team - synonymous with hard work and results! Griff and his trusted team welcome your enquiry today.

Leave a Reply

Your email address will not be published. Required fields are marked *