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This 3 bedroom house on a 1361m2 subdivisible section was for sale on TradeMe in January 2013 for $246,000.

It was described:

  • The rateable value is based upon an inspection prior to 2003 when the house was a rental.
  • The property has a frontage of 43.45m on Hokio Beach Rd and 31.33m on McKenzie Street with open, sunny aspect.
  • Construction is roughcast and timber externally.
  • Floors are native timber, ceilings are a mix of plasterboard, ornate plaster, exposed beam and panel, and panel and batten.Kitchen: 2.5mX4.6m, stainless steel sink, Westinghouse ceramic-top stove, pantry and adequate cupboards.
  • Bathroom: Bath with mixer and slide shower rose, glass splash door. Vanity with one-piece acrylic top and basin. Storage cupboard and shelving. Toilet: Porcelain toilet and hand basin.
  • Laundry: French doors open to rear timber deck.
  • Lounge: 5mX4m, with large bay window giving outlook to grounds, metro log fire gives heat throughout the property.
  • Dining: 3mX3.8m currently in part use as office. French doors open to covered timber deck.
  • Master Bedroom: 4.4mX3.7m. Good sized double with built in wardrobes, bay window opening to grounds.
  • Bedroom 2: 3.7mX2.9m. Double with built in wardrobe. Windows open to rear deck.
  • Bedroom 3: 3.7mX3.4m Double. Windows open to grounds and trees
  • .Quote from QV dated 11 December 2012:
"The latest monthly property value index shows that nationwide residential values increased further in November (2012). Values are up 1.9% over the past three months, 5.7% up over the past year, and 1.5% above the previous market peak of late 2007."

In Dec 2007 a Registered Valuer valued this property at $245 including standard fixtures. Since that date we have added a cover to the eastern-facing deck, added a dishwasher, replaced the old stove with a new one and landscaped the garden towards minimal care. We have applied the QV figures above to calculate a present value of $249,900. For a quick sale we have set our price at $246,000.

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Date
January 2013

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