Page 4 - Comparable Market Analysis
P. 4

Comparative Market Analysis                                                  27 February 2019



               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  $282,000 to $326,000  Median  $320,000  Mean  $308,600  On average, the properties listed
                                                                               below have sold 43.17% above
                Capital Value  $192,000 to $247,000  Median  $227,000  Mean  $219,800
                                                                               the current C.V.



                                           2 27A Motutahae Street, Taupo, Taupo7A Motutahae Street, Taupo, Taupo     22           11           11

                                           Last Sold   $320,000 - 29 Jun 18  Floor Area  100 m²
                                           Capital Value  $198,000 - 01 Jul 16  Roof  Steel/G-Iron
                                           Land Value  $93,000 - 01 Jul 16  Walls    Wood (incl
                                           Land Use                                  Weatherboard)
                                           Land Area   350 m²            Building Age  1930-1939


                  Taupo 1930's saw Lake Terrace adorned with lovely, yet simple cottages. Most of these gorgeous cottages are
                  now gone, and without a doubt the few that remain are highly coveted.
                  Relocated to it's current site in the 1990's this 2 bedroom sweetheart has been beautifully and respectfully
                  renovated - to allow for modern living, while maintaining all of the charm and appeal of old school Taupo.
                  Adorned with stunning wood paneling and gorgeous bifold windows creates a quaint old time ambience -
                  yet the two brand new bathrooms update and modernise this timeless home.
                  Brand new carpet and flooring throughout the cottage along with an updated kitchen strike a stunning effect
                  against the traditional high ceilings. Heat radiates from the freestanding fire, to warm the entire home
                  throughout from floor to ceiling and is further complimented with ceiling and floor insulation.
                  Added to the character is a delightful entirely covered sun porch that captures the warmth and is wonderful
                  place to curl up and get lost in a good novel.

























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