Page 4 - Comparable Market Analysis
P. 4

Comparative Market Analysis                                                  11 December 2018



               Sold Nearby



               The Real Estate Agents Act requires any recommendation to be supported by an analysis of sold properties that are
               deemed comparable. These sold comparable properties have been selected based on their geographical proximity,
               similarity of their attributes and time of sale.

                Sale Price  $410,000 to $466,000  Median  $432,500  Mean  $434,714  On average, the properties listed
                                                                               below have sold 31.46% above
                Capital Value  $320,000 to $351,000  Median  $329,000  Mean  $331,857
                                                                               the current C.V.



                                           1 16 Kensington Place, Richmond Heights, Taupo6 Kensington Place, Richmond Heights, Taupo     33           11           11

                                           Last Sold   $432,500 - 09 Jul 18  Floor Area  110 m²
                                           Capital Value  $324,000 - 01 Jul 16  Roof  Tile Profile
                                           Land Value  $171,000 - 01 Jul 16  Walls   Fibre Cement
                                           Land Use                      Building Age  1970-1979
                                           Land Area   607 m²


                  When buying your first home the key to an unmissable opportunity is location, here is you chance!
                  Situated in a quiet cul-de-sac in one of Taupo's most sought after locations, is this three bedroom, fully
                  fenced home on a 607m2 (more or less) freehold site. You will be within walking distance to; the lake,
                  reserves, bus stop, local shops and Waipahihi Primary School.
                  The location is the key, but you will stay for the well-built, solid 1970's home with all day sun and great
                  outdoor space. This property has outstanding potential, bring your creative style and create a space for your
                  family to enjoy for years to come.
                  This property is exactly what you have been searching for; affordable and in the right location!





                                           1 13 Holland Grove, Richmond Heights, Taupo3 Holland Grove, Richmond Heights, Taupo     33           11           22

                                           Last Sold   $466,000 - 10 Jan 18  Floor Area  100 m²
                                           Capital Value  $351,000 - 01 Jul 16  Roof  Tile Profile
                                           Land Value  $154,000 - 01 Jul 16  Walls   Fibre Cement
                                           Land Use    Residential       Building Age  1980-1989
                                           Land Area   718 m²


                  We have here on offer a great 3 bedroom home in a quiet & popular location in Richmond Heights. Located
                  for the sun with good living & wrap around decking & a private established section. Good lock up garaging &
                  off street parking handy to the shops lake & schools. Overseas vendor needs it gone, what are you waiting
                  for??






                                                                          PREPARED BY:
                                                                         B&W Real Estate
                                                                        75 Titiraupenga St
                                                                             Taupo 3330
                                                                          O: 07 378 7668
                                                                   info@bwrealestate.co.nz
                                                         Licensed Real Estate Agent REAA 2008
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