There are plenty of voices over their who have a point of view on it too
Far from the worry some are mentioning is the fact that any such large spend will expect a payback….and everyone is bandying around 2014’s new catchword “disruptive” as a way of describing something that could be a game changer. Admittedly we here in NZ are more like Australia and the UK in our buyer / seller relationships, and this is quite different than the MLS centric situation the US finds itself in.
The median price across the region rose by $13,500 (+4.1%) compared to March 2012, with prices in Richmond and Motueka rising the fastest. Compared to February the median price increased by $9,500 (+2.8%) with prices falling in Motueka but stable in Richmond.
Sales volume compared to February was 22% higher with notable increases in Richmond and Motueka. Compared to March 2012 sales volumes increased by almost 10% with sales in Richmond up 76% and up 15.4% in Nelson City.
The number of days to sell remained steady at 40 days compared to February and eased by five days compared to March 2012. Over the past 10 years the median number of days to sell in February across the region has been 38 days.
REINZ Chief Executive, Helen O’Sullivan commented that “the Nelson market continues to suffer from a shortage of listings with buyer demand outstripping the supply of listings. Despite that first home buyers are active in the market along with some investors looking to buy while interest rates remain low.”
The median price trend continues to improve, although the volume and days to sell trends remain sideways. The overall trend for the region has now eased to sideways.
I’ll report fully in the next few days, its getting busy again.
quite obvious really isn’t, and no its got nothing to do with the age of the kitchen or appliances.
Don’t forget the point of photographs for a property listing on the internet is not just to depict what is there, BUT more importantly to showcase the property / get a buyer excited about it /convince a browser/buyer to make the effort to either phone or visit said property.
Looking at the photos above what would be your first thoughts?
Ringing in my ears, I hear someome saying “First impresssions………”
Any day now you’ll be receiving a letter in the mail telling you about the updated 2012 CV (Capital Value) of your Nelson City property.
If you are curious right now though…. (re all images below – if you can’t see them clearly, then just click on them to see full size versions)
..head on over to the Nelson City Councils “rates search” section and type in your address at the screen that looks like the one above.
If the councils search engine decides that it can’t 100% work out your address, it often times springs up a multiple choice like this one above.
Just select your address…..and you’ll be put through to the “rates screen” where you can see the CV components and rates for the applicable property.
You’ll also notice on this screen that the info under “Valuations” shows the Valuation Date as 1/09/09, the last time it was completed. On the first line below the big Rates word, you’ll notice the words I have highlighted above …. (Next Year – 2013 / 14) – click on this hyperlink and all will be revealed.
…and indeed you’ll also note that the Valuation Date is now updated to 1/09/12. Typing in a few sample properties today has returned pretty much what council mentioned earlier, increases in the magnitude of approx. 5% in properties CVs.