Property Prices.

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casualobserver, Dec 23, 8:50pm
Given that you have already stated you don't know the circumstances of the buyers, you have no idea if they had only the minimum deposit or not - so you have absolutely zero knowledge of how much the bank has loaned them.

funkydunky, Dec 23, 10:12pm
And you could possibly be a tradeless troll but i have absolutely no idea about that either .

trade4us2, Dec 24, 12:39am
My house is valued at the same price per square metre as all my neighbours. If half of my property is worthless as it floods or is too steep to use, my rates should go down a lot.

tegretol, Dec 24, 3:58am
So get QV to come and devalue it.

trade4us2, Dec 25, 12:18am
Good idea but they say it won't affect my rates.

tegretol, Dec 25, 1:25am
Well then 'they' are idiots.

Your rates are based upon the QV of your property. Lower the QV, the rates fall. Pretty simple really.

apollo11, Dec 25, 1:34am
Your rates don't fall straight away. We had a house revalued (went up by a third) before we put it on the market. Rates stayed the same for around a year after it sold. Then the value of the property went down a bit in the next round of council valuations (for the new owner), but the new rates were higher.

trade4us2, Dec 25, 8:49pm
quotablevalue.co.nz says:

"Simply give us a call on 0800 16 44 44 and we’ll get back to you with a quote. Once agreed, we’ll arrange a time for one of our property valuers to drop by and complete and comprehensive inspection of your property.

Our independent valuer will provide a full market valuation report that also includes comparable sale prices of similar properties in the neighbourhood, and be happy to answer any further questions that you might have.

Please note that market valuations are completed independently from rating valuations, so it won’t affect your rating valuation."

tegretol, Dec 26, 4:00am
The RV's are taken from data bought by the Local Bodies from QV. Fact.

bumfacingdown, Oct 17, 3:53am
How much of your rates is fixed and how much value based?