The necessities of a human being are food, sex, and shelter. A house that provides shelter is one of the prime necessities. However, a house is also an asset. A person needs to know the value of his house. In this way, he or she can understand whether his asset in the form of a house is appreciating or depreciating in value or if its value is remaining the same. A property that appreciates is a wonderful investment. This leads to the inevitable question about the current market value of your house.

What's my house worth NZ today?

The best option for answering the question most economically is to go for a free property appraisal. You can enlist the help of experts for free. There are plenty of free bankable online resources which can render this service free of any cost. The experts who will ascertain the value of your house will use structured, current market data to analyze the value of your property.

They will peg the value of your property to similar property sale prices in your area. The valuer’s individual experience and market knowledge will also be brought into play to correctly recognize the appeal of your property to the potential buyer.

Why should you consult the experts to answer the question, how much is my house worth NZ today?

Another reason to consult the experts is the curious cases of the houses purchased by a customer that the same person has rejected online. A path-breaking study by a firm called Brain juicer revealed that human decisions are primarily emotional and not rational. The majority of human decisions are taken emotionally. Only after taking an emotional decision, does the human being use the logical part of his brain to justify the decision. Therefore, there is every chance that the selling point of your house will have something beyond its price and location offers. There could be something about your house which could strike a chord with the buyer. It takes a very experienced eye to understand and capitalize on this aspect.

More importantly, the service of evaluating the price of your house is free. There is no compulsion imposed on you that you will have to enlist your property for sale after the evaluation.

It is said that knowledge is power. Therefore, it makes sense to know the value of your house today. It is said that the best things in life are free. It also applies to ascertaining the value of your house in NZ today.

How much is my house worth NZ?

Based on our yearly average price for the 2021 year, the price gain was $162,000, or 16%. For the period 2021 over 2011, the gain was $610,000 or 112%.

These are averages across all the sales we made, and within those individual properties would have fared far better and others not as well.

My mantra, which I quote often, is that if you hold a property for seven years (the Real Estate Institutes’ average time for homeownership) time will take care of the price. The real issue homeowners need to focus on is their ability to meet mortgage repayments over seven years.