Blog

  • Palmerston North Real Estate Market Snapshot - February 2020

    Every month we compile the latest statistics for the Palmerston North market, so you can see the average house price, number of sales and even the average number of days on the market. Download the full Manawatu/Wanganui Monthly Property Report here. Download a PDF copy of our market snapshot infographic here. If you're thinking of selling then please get in touch, we would ...

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    Palmerston North Median Rental Prices: September 2019 - February 2020

    Every month we gather the most recent information on rental prices in Palmerston North. This is a great way to look at an overview of how much you could potentially rent out your investment property for. Click the contact button below to find out how we can help you get a rental property on the market, or find one to live ...

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    Watson Real Estate expands to Whanganui market

    Watson Real Estate announced their business expansion into the Whanganui market, with the purchase of another property management company; Landlords Link. Watson Chief Executive Tanya Watson says she is delighted to have added the Landlords Link staff and portfolio to the Watson’s group. “Landlords Link has a fantastic reputation in the Wanganui market and they are known for delivering the first-rate level ...

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    RV Update - Renovated in the last 3 years? You need to read this

    New rateable values will be released this month for all Palmerston North properties – an activity that happens only once every 3 years. Your RV will be assessed by a company called Quotable Value on behalf of Palmerston North City Council. Because there are so many properties to assess it’s unlikely Quotable Value will actually visit your property in person. Instead ...

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    5 Tips for creating a designer space at home

    In our latest guest blog interior designer Emma brown shares her top tips on how to create your own designer space in your own home. We all love stylish interiors but often we are overwhelmed and unsure where to start, here I share my top tips on how to create your own designer interior. 1. Have a plan Always start with a plan, ...

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    Cost Versus Value They Are Different!

    Many people incorrectly believe that cost equals value when it comes to real estate. When a house is built, the value may be higher or lower than the cost to build, or it may be the same. It all depends on the state of the market. Similarly, many people incorrectly believe that the value of an older property is derived by ...

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    Listing Statistics

    The following extracts are from www.realestate.co.nz Of all 19 regions in NZ, Manawatu/Whanganui has seen the greatest percentage reduction (-32.1%) in the number of houses for sale from May 2016 to May 2017. By contrast, Auckland has seen a 50.8% increase in the number of houses for sale, and NZ a 4% increase.Manawatu/Whanganui showed a 2.8% increase in average asking price in ...

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    Presentation, Presentation, Presentation

    In order to maximise your selling price in the real estate market, it is worth putting some effort into the presentation of your property, especially at this time of the year. We have achieved many outstanding sale prices in this market for our clients, and in most cases presentation has played a significant role. Start with first impressions. What does the buyer ...

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    Feilding’s Median Residential Sale Price Over The Years

    The official REINZ median commenced in 1992. From my Father’s old sales book I have the approximate median for 1970. 1970 $ 7,000 1/1992 $ 84,000 1/1997 $102,000 1/2002 $106,250 1/2007 $221,250 1/2012 $245,000 4/2017 $312,500 The median value has increased approximately 45 times in 47 years, which I think is rather impressive. It has doubled nearly 5 ½ times in 47 years, or every 8.5 years on average. Kind regardsMichael Ford ...

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    Feilding Sales Volume Average, Palmerston North Low In April

    There were 32 house sales through all Real Estate Agencies in Feilding in April, compared with a very high 44 in March. Palmerston North dropped from 155 sales in March to 94 in April. The median residential house sale price for Feilding is $312,500 when calculated over 3 months, and $338,000 for Palmerston North, making a nonsense of headlines a ...

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  • Full list of blogs

    Latest Blogs

    FREQUENTLY ASKED COVID-19 Questions (NZPIF) COvid 19 Level 4 Updates Handy resources for you to help with Covid-19 Covid 19 Level 2 Updates Feilding Real Estate Market Snapshot - February 2020 Palmerston North Real Estate Market Snapshot - February 2020 Palmerston North Median Rental Prices: September 2019 - February 2020 Kens' 37th year in Real Estate Watson Real Estate expands to Whanganui market Will Jeff Bezos (Amazon) solve the NZ housing crisis? Here's the plan! Market is still hot coming into 2020 Feilding Real Estate Market Snapshot - January 2020 Palmerston North Real Estate Market Snapshot - January 2020 Palmerston North Median Rental Prices: August 2019 - January 2020 Palmerston North Median Rental Prices: July 2019 - December 2019 Feilding Real Estate Market Snapshot - December 2019 Palmerston North Real Estate Market Snapshot - December 2019 9 Crucial questions to ask your Property Management company Palmerston North Median Rental Prices: May 2019 - October 2019 Feilding Real Estate Market Snapshot - October 2019

    Authors

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    Bob Weaver Greg Watson Ken Watson Watson Real Estate