Call me dumb but what is the exact definition of "Family home'?
Can a de facto partner have a family home? Can I have a family home also?. Can a family trust have a family home also?.
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Call me dumb but what is the exact definition of "Family home'?
Can a de facto partner have a family home? Can I have a family home also?. Can a family trust have a family home also?.
Your RV will be higher as there will be actual sales data for that property. Where as mine has no sales data - so all they can do is tweak it by whatever % they reckon is right.
Edit. Heres a wee test. Flash house opposite me has just got a "sold" sign put on it. RV = $900,000. Went on the market Oct 2018 under auction - didn't sell. Then listed for $845,000 (around what I thought it would go for) and didn't sell. Now advertised at $798,000. I'll keep an eye out for actual sale price
Yes we got new RV last year i think it was upto 690k I see these days the banks uses some online instant valuer I guess like QV.co.nz can do early last year the bank believed are property was worth $815k ...insane lift in value... if the misses would allow me I'd list it for $850k and if sold go back renting for a year or two as these values aren't going to last
I was at my bank the other day and they used www.homes.co.nz for instant valuations
Its quite a good site - but there is about a six month lag between sale and the new records being shown on the property. I use it as a broad guide - but to try and get a firmer idea on value you need a few more sales. Fine if you are in an area with lots of sales. Not so good if they are infrequent.
Can also get property estimates from Trademe, including rent estimates, where the sources of data are clearly spelt out. Not sure how the data sources compare to homes.co.nz but easy to compare anyway. Trademe has a lot of data from their many thousands of listings, and also produce quite comprehensive sale and rent analyses each month.