Residential Market Valuation
Your home is often your single biggest asset. Be diligent, get good advice.
Added Valuation knows Hawke’s Bay’s property market and is here to ensure you are fully informed. We continually work to ensure our market knowledge is second to none. That means we regularly inspect open homes so we really know the properties that have sold and their condition at the time of sale.
We also obtain sales information from a range of sources to ensure we have the best evidence available.
Buying A Property
How much you pay for your home is your decision alone to make, but by getting an expert property valuation you’ll be fully informed so you don’t mistakenly pay too much or miss out on your dream because you don’t appreciate its true value.
Purchasing a home is emotional. Passion can cloud your judgement. Let us provide the practical and reasoned analysis to help guide your decision.
We tailor your report to you, providing answers to your questions. Where appropriate, we will suggest viable ways to increase the value of the property, and areas to avoid wasteful spending.
Our market valuation reports are fully compliant and accepted by all the major banks.
Refinancing Mortgage Valuations
If your lender requests a registered valuation you’re probably just looking for a fast and cost effective report to satisfy your banks requirements.
At Added Valuation our reports are accepted by all the major lenders in New Zealand.
Our reports are tailored to the specific requirements of each bank, ensuring your loan applications can be processed without delay.
Whatever your reason for needing a residential valuation we can provide it.
Common reasons for a residential valuation include:
- Pre-purchase value guidance
- Assistance in setting marketing prices
- Valuations for mortgages
- Valuations off plans
- Construction progress valuations
- Matrimonial settlement
- Development feasibilities
- Valuation of development land and subdivisions
- Objections to government valuations
Selling a Property
Marketing strategy is critical to the successful sale of your property. Real Estate agents could have a vested interest in suggesting one strategy over another. Added Valuation provides truly independent advice on the marketing method we see as most likely to achieve the highest sale price for your property.
Where possible we will also recommend financially viable ways to enhance the value and saleability of your property.
Estate agents generally recommend you test the market interest before determining market price. Often that is because they are sales experts, not property valuers, so are unwilling to commit on value. But the first few weeks on the market often attract the most buyer attention, and often your first offer can be your best one. If you don’t know your properties market value when you begin marketing your property, you may lose that sale, and cost yourself thousands, and cost you time and stress.
An accurately priced home is critical to achieving the most advantageous sale price. Price your property too low and you could lose thousands. Too high and the property probably won’t sell, and buyers may become concerned there is something wrong with your property causing it not to sell.
Looking to Add Value or Renovate Your Home
There are no hard and fast rules to add value to property, because every property is different. What adds value to a bungalow in Hastings may be different to what adds value to a modern home in Taradale or an Art Deco home in Marewa.
An intricate understanding of buyer demand is essential to adding value to your home or investment property and not overcapitalising. At Added Valuation we know what buyers value, and can provide you a valuation ‘As Is’ and ‘As If Complete’ so you know how much value your improvements will add before you start them.
Maybe you just want suggestions on how best to add value to your property, or whether improvements you are thinking of will over capitalise your property. We’re here to help.
Sometimes banks require valuations off plans or valuations during the construction (progress payment valuations). We are very familiar with this process and able to make this easy for you and your bank.
Please note, a registered valuation is not a structural survey.