Doyle Valuations have been registered valuers in the King Country since 1997. We provide property advice for Ohakune, Taihape, National Park, Raetihi, Taumarunui, Te Kuiti and Otorohanga.
Paying an extra $10,000 for a property may not seem too much in the heat of negotiations but that $10,000 can balloon to $56,000 over a 20 year term @ 9%p.a. Getting independent valuation advice prior to purchase can save you thousands in the future. Whilst not Structural Surveyors, Registered Valuers are trained to highlight potential problems within the building, on the title or within the district plan. Remember, prevention is better than a cure.
You only get one chance to sell a property. Listing too low costs you money, listing too high costs you time, which can also cost you money. Everyone is keen to give you property advice when it comes to selling your home. Agents are experts at selling property but commission selling puts them in a biased position. A Registered Valuer is totally independent and the fee charged is not dependant on the value of the property. You can pay thousands of dollars in commissions, why not pay a few hundred dollars getting professional and independent property advice.
Insurance ValuationsInflation and increases in building costs can cause your present cover to be inadequate. Are you covered? Experience has shown that the effects of inflation and changing building costs can cause reinstatement estimates to date significantly. In the event of a total loss you would expect to be able to rebuild. Inadequate cover at the time of a loss can put you in a very awkward position. We provide Insurance Certificates accepted by all brokers and insurance companies.
LeasingLeases are not public information and finding comparable evidence can be difficult at negotiation time.
In general, the residential property market within the greater Ruapehu and King Country regions continues in an upward direction with demand generally outstripping supply. Noticeable trends include multiple offers being a common occurrence, increasing demand for ‘doer-uppers’, increasing demand for vacant sections despite cost often outweighing end value and continued increasing demand from out of town purchasers. Interestingly, since June 2016, the median house price has increased in all four centres, with Te Kuiti increasing some 19.3%, Otorohanga 30.6%, Ohakune 34.7% and Taumarunui 35%.
Rural sale numbers remained steady with 35 (down from 36) pastoral farms over 100ha selling in the last 12 months. The average size was 313 ha. The median farm price also remained rose to $1,950,000.
Rural sale numbers remained steady with 36 pastoral farms over 100ha selling in the last 12 months. The average size was 235 ha. The median farm price also remained steady at $1,650,000.
The rural property market witnessed a slight increase in activity with 35 pastoral farms over 100ha selling in the last 12 months, 5 more than last quarter. The average size was 251 ha. The median farm price fell to $1,650,000.