Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Posted almost 12 years ago

The Most Accurate Apartment Valuation Method in Auckland

Have you ever wondered how an apartment is valued in Auckland? If you are an apartment owner or a real estate investor, then you might want to know how this is done.

Apartment valuation is an intricate process and there are several methods used in this particular task. For those who have no idea in this subject, it is important to do your research and learn the factors that affect apartment valuation.

To make things easy for you, I have an in-depth article and other resources on my site that tackles the valuation process and the most common method used by real estate agents in NZ. Typically, real estate agents will compare the value of a recently sold apartment that is similar to yours or units in another building that are identical to your property. However, this method will not yield an accurate valuation and this can be one of the reasons why there are so many undervalued apartments in Auckland.

Here’s what you can expect from my article:

  • Why size matters in the valuation process?
  • Why real estate agents based their assessment from a recently sold apartment?
  • What is the most ideal method in getting the true market value of your property?
  • Why an apartment specialist is the best person for the task?

To read the article, click this link: Apartment Valuation in Auckland


Comments