Category: Sell Your House As-Is
New Zealand’s Housing Market – Sep 2024 Updates: High Prices and Slow Recovery
New Zealand's residential property market continues to grapple with high prices, particularly in the Auckland region. In June 2024, the average sale price in Auckland reached approximately one million New Zealand dollars, the highest in the country. Auckland City, being the most populated city, reported an even higher average sale price of around 1...
NZ Housing Market Update: A Balancing Act
The New Zealand housing market continues to navigate a complex landscape, with positive indicators counterbalanced by potential headwinds. Here's a breakdown of the key trends: Sales Activity Picks Up, But Not Quite There Yet: Sales figures offer a glimmer of hope. Compared to April 2023, house sales have seen a 25% increase. Howeve...
Flood-Damaged Homes: Owners Opting for ‘As Is Where Is’ Selling Approach
Some flood-damaged properties, labeled as "as is where is," are now hitting the real estate market in their current condition, leaving potential buyers and renters with critical decisions to make. In the wake of the Auckland anniversary floods, which left significant damage to the Cotesmore Way complex of leasehold townhouses in Parnell, some pr...
Claiming insurance on a flood-damaged property: What you need to know
Recent floods in Auckland have affected many properties and homeowners may be faced with the task of cleaning up and making insurance claims. Here's what you need to know: Safety First: Before entering a flooded property, it's important to ensure that it's safe to do so. If there's any potential danger, such as electrical hazards, it's best to ...
Weighing all Options After a Flood: Fix or Sell The House?
Authorities in New Zealand have predicted further heavy rain for Auckland in the coming days as insurers tabulate the costs of what is likely to be the costliest weather disaster the country has ever experienced. The La Nina weather phenomenon is causing the north of the North Island of New Zealand to experience above-average rainfall. Auckland has...
3 Tips for Skillfully Selling Property in Bad Condition
In any market, it is difficult to offload a commodity that is in bad shape. That applies even more to real estate deals. Generally, when we mention ‘property’ and ‘bad condition’, we can consider multiple shortcomings with the asset by a thumb rule, which makes it further difficult to offload properties in bad condition. Therefore, for sell...
What Can Buyers Expect from Selling a House ‘As is’
We often come across the phrase ‘selling a house as is’ in context to the property market. Some are quite wary of the words and will outright inform you never to sell a house ‘as is’; on the other hand, some house owners seem quite eager to offload an asset ‘as is.’ But what does selling a house ‘as is’ entail? Let’s find out. ...
To Repair or to Sell it as-is?
It is common for house owners to ponder whether it is more cost-effective to list their property for sale, ‘as is,’ or repair their house. Most house owners may think upfront that a presentable house requires repairs and renovation. So, the problem that must be resolved is whether it is meaningful to cover the distance and fix the house t...
How to Sell A House that Requires Renovations As-Is
A common confusion that several residential property owners in Christchurch often face is whether to repair their house only to an extent or completely renovate it to make it fit for resale. Well, it is difficult to put your house on the market when it requires obvious repairs and renovation, especially if it has to compare to the other houses ...
What you need to disclose when selling your house as-is in Christchurch
When it comes to selling a house in Christchurch, many people give serious consideration to how they want to sell it? Are you one of them? If yes, do you want to do a pre-listing home inspection and get the repairs done first? Or is it merely handing over your property as-is at a price without considering what you are selling out? Let's take a ...