Are you suffering for registered property valuers in Auckland, NZ. Brian Turner is a registered property valuations with ANZIV and SPINZ. We provide the best property valuers services for more information visit at www.brianturnerproperty.co.nz
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Are Auckland Valuations affordable?
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Are Auckland Valuations affordable?
There was panic in the market as soon as the Auckland Council released the
prices of properties on November 13. The newly derived prices shall be
effective from July next year. However, the exorbitant rise in property
valuations in comparison to previous valuation of 2011 was mind blowing. It
is believed that the valuers are largely responsible for this increase in prices.
The price increase according to the new valuations range from about 50% in
certain regions. To dish out this large amount from their pockets is going to
be difficult. This sudden ballooning in the price was expected in residential
buildings, but totally unexpected in commercial or business houses.
Residences and office spaces will show a mirror image in increase of prices
as per this valuation.
The figures are devastating to an individual wishing to buy a house in
Auckland. An increase of above 40% in numerous localities is difficult to
accept or lift it's weight off the mind.
The greatest surprise in the basket was the price increase of commercial
valuation. The Council had given no indication earlier of any increase in
commercial property prices.. The main aim of the council is to reduce the
burden on business to bring them at par with residences. Why then this
increase? The problem has been partially mitigated only.
These prices will be effective from November next year. But when one goes
house shopping in Auckland, one should firmly keep in mind an almost
doubling of prices. Keep your purse strings lose, for a large part of your
savings will be invested in buying a house for your family. But stay cool. Not