A real estate move on the horizon? What are you waiting for?

Hamilton real estate  has enjoyed a good run with 1336 sales to the end of May – a 3.5% increase / 45 sales compared to the same period last year.  Prices also increased with the median sale price up 2.4% to $533,400 year on year.

Increased sales and higher buyer demand resulted in the number of properties for sale depleted over the past few weeks.  This brought fantastic results with multiple offers and lively bidding in the auction rooms.

Winter is an excellent time to sell with strong buyer demand competing for fewer available properties for sale. Get ahead of the spring rush and get ‘SOLD’ before the competition arrives.

The local economy continues to thrive, but proposed government policy changes may have an uncertain impact on the market.  Restrictions on foreign purchases are likely to come into force later this year, the ‘bright line’ extension now requires investors to retain a property for five years if they want to avoid capital gains taxes and the ability to claim tax deductions on rental property losses will be phased out from 2019.  These changes – combined with recent falling mortgage rates and the Reserve Bank easing its loan-to-value (LVR) restrictions – urged buyers to purchase before these changes take effect.

We have buyers ready for your property.  If you, your friends or family consider a move in the coming months, give me a call for an obligation-free appraisal of your home or any real estate advice.  I am always grateful of the opportunity to assist.

Call Linda 0n 022 64 50588 today! I’m never too busy for your call….

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Why wait for competition?

Winter is upon us and traditionally less properties are coming to the market. Despite this tendency, the buyer pool has not reduced – and willing and eager buyers are in competition to secure a home.

Many are losing out on multi offers and this can happen more than once to a buyer. They become despondent in their search for their dream home.

This market creates opportunities for vendors to secure top dollar for their properties. Now is the time should you contemplate a real estate move! Whether you’re down sizing or moving up the property ladder, don’t wait till spring…. and lots of competing properties to be listed. Make the most of today’s market – a buyer might be waiting for a property like to yours to become available.

Act today! Contact Linda Dobson on 022 64 50588 for a 10 minute appraisal and confidential chat to make your real estate dreams a reality!

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Call Hamilton Home…

The latest sales data shows that you can still secure a home at a great price in this neck of the woods.

The median sale price of $562K is up on March’s $535K with fewer sales registered – 233 properties changed hands during this period – taking 36 days on average to sell a property. Movement in the $400K to $499K and $500K to $599K was most active – accounting for  50 and 62 respectively out of 233.

The official cash rate is stable at 1.75% and cheap mortgage rates are on offer for eager  buyers. There are some great deals available to those that would like to realize their real estate dreams.

You’re invited to call Linda on 022 64 50588 for a FREE APPRAISAL or to discuss your real estate needs.

 

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Turning on the opportunities!

Still not sure of selling your home? The latest figures show that good deals are around – ready for eager buyers with limited choice of available properties for sale.

Vendors enjoyed a good 32% median sale price gain versus median CV for the month of March with 344 properties sold in Hamilton. The median sale price picked up again and stood at $535K with average days to sell down to 30.

High activity was experienced in the $500K – $650K price bracket with 198 properties changing hands. The $700K – $799K bracket experienced a whopping 71 property sales. Multi offers are common and buyers are often disappointed when losing out on their offer.

This is a call to owners anticipating a move due to change of circumstance or just wanting to move up/down the property ladder. Outrun the competition and list in this lucrative market to make the dollars do the talking…

Contact Linda Dobson on 022 64 50588 for a confidential talk on how to make this happen.

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This home spells V-A-L-U-E at $749K *****

7 Darley Street, Maeroa, Hamilton – $749K

 WOW! You should view this! Action required!

My vendors are prepared to meet the market!

This super spacious family home is conveniently close to town. No time wasted in traffic to get to work and handy to shops too.

This much-loved home caters for the extended family – three living areas and five bedrooms with a separate office posing work from home opportunity.

It has been refurbished to a high standard with modern touches, a fantastic kitchen which forms the heart of the home, private barbecue deck and fully enclosed garden. This home offers that special and private corner to each of its inhabitants.

The double garage has a storeroom/workshop area for Dad’s tinkering too.

You’ve got to experience the size to appreciate the benefits it offers!

Call today to book your private viewing! Linda Dobson on 022 64 50588

                 

And the hero of this Home…. The Open Plan Kitchen / Dining Room / Family Room…..

        

       

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Hamilton on the roll again….

February was another good month for Hamilton real estate. Sales increased to 290 compared to only 162 in January and days to sell declined to 35 – way shorter than the      52 days in January.

Properties in the $500K to $800K price bracket are now leading the charge. Auctions have risen from 63 in January to a whopping 110 in February – high confidence in the Hamilton real estate market.

The only damper seems to be the limited choice of available listings. Should you consider selling your property – this is your opportunity. Contact Linda today for a FREE appraisal and to discuss the marketing and selling of your home. Linda works with buyers and might even have someone looking for your exact property.

Contact Linda on o22 64 50588 or flick her mail to arrange a chat.                          linda.dobson33@gmail.com

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A real estate move on the horizon…. Must do’s before listing!

Imagine being a buyer – clapping eyes on your property for the first time. How will it shape up – inviting to explore the inside or scary of what’s in stock judging from the exterior. You do not want the latter! Curb appeal can determine whether a buyer is lost or a bargain hunter has your property in sight.

First impressions are important. Be critical and then tackle those little tasks that could cost you big time before go to the market. A letterbox in need of a lick of paint / a dirty garage door / overgrown flower beds and a lawn begging for a mow – don’t let these get in your way to a successful sale at top dollar. Buyers’ perception are that the interior matches the exterior – so let it be a great one!

Starting with a groomed garden leading to a clean front door and welcoming mat is a good

introduction to your most valuable asset.

Inside needs to be uncluttered to make most of the space – remember that buyers are looking for space to place their furniture. Pack and store items out-of-the-way that might encroach on the spacious feel of your property.  Go a little further and neutralize the home by creating a blank canvas for buyers. Remove your photos and other visible personal belongings – they need to envisage themselves living there. Remember that buyers might open cupboard doors to check for sufficient space. Tidy the contents and remove surplus items – it creates a spacious and organised feel with sufficient space. 

Check the light bulbs, loose handles and anything that might negatively impact on an eye-pleasing finished look. Now do the duster dance: check all the corners / sills and finish off with giving those windows a sparkling clean look when the drapes / blinds are open.

Ready to step into a buyer’s shoes and do the walk through? Will it make the cut if you were to buy it?

Linda offers a free appraisal and chat on how to secure the most suitable buyer at the best possible price for your property.

Contact Linda on 022 64 50588 today! She’ll get you moving…

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Wanting a reno project – here’s some food for thought….

You need to consider a few aspects before starting a renovation – and plan accordingly.

Timing

People usually wait with upgrades until they want to sell before doing so – depriving themselves of the enjoyment of those improvements whilst still living in the home. Refurbishing your home will visually reward your efforts and living there will be even more enjoyable.

DIY or hiring a contractor

Smaller projects can easily be done if you have the skills and can persevere through the ups and downs of the task ahead. It is very rewarding to see the transformation, but if  unsure whether you can pull it off, rather engage a contractor for a professional result.

Renovation or add-on

Creating space by adding a room is costly and this should be measured against the value that will be added before setting out. It needs to boost the re-sale value of the property to make it worth spending a large amount of money in the first instance.                                       

It will be less costly to change an area to create a functional space e.g. an under-cover entertainment area which flows off the dining / lounge area enhancing outdoor living. Summer is about family and friends and a the garden will serve as extended living area.

Kitchen vs bathroom

These are the rooms that create a Wow! from buyers, but the kitchen can probably be the deal maker if within budget. A tired kitchen is off-putting because of the expenses and the disruptive nature of work to be carried out. A well planned, functional kitchen ensures top dollar when buyers are looking.

A bathroom revamp might be slightly cheaper and quicker, but not necessarily on par with an updated kitchen as more time is spent in the latter. After all – the kitchen is the heart of the home…

Gas or electric

Thinking of upgrading your stove? Electric seems to be favored for easy cleaning and safety around small children, but gas units are popular for their performance. It comes down to personal choice, but running costs should be factored in too.

Granite or quartz

Quartz counter tops seem to be the front-runner for many in the know. Granite has lost ground and is not the preferred choice anymore –  future buyers might not be too keen on it.

Grey or beige

Beige is out and grey has slowly taken over. A subtle mixture of the two colors seems to be popular as it tones the beige down whilst it warms the grey for the perfect neutral color.

Tiles or wood

Flooring trends include classic, easy care wood, but take scratching – depending on the type of wood and the finish – into consideration.  Tiles are easy to clean and are growing in popularity, but can be cold under foot.

Upgrading your home reflects your taste and needs. It is great to admire your handiwork once completed – and it might just inspire you to tackle more ambitious projects in future.   

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Hello Hamilton! Did you know?

Hamilton property values grew by 2.6% – with an average of $544,935. It offers affordable options to out-of-town buyers as a  family friendly city – parks, river walks and Hamilton Gardens being hot spots for its inhabitants.

City center is vibrant with the Casino and hotels within walking distance from the transport center. Shopping centers and eateries line the berms of Victoria Street and the mighty Waikato flows harmoniously alongside it.

Explore your options in this region – you might find the hidden gem you’re after…

Linda works with buyers looking for their next homes. She can help should you be house-hunting – call Linda to have that real estate chat!

Linda Dobson Mob: 022 64 50588

 

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December – Buyers’ property dreams came true!

Santa was not the only busy bloke last December. Many buyers – in fact 275 of them – were securing their new homes – and hopefully moved in – to enjoy their first Christmas in their own homes.

December – despite the holidays – gained 3.4% on November sales and the average days to sell went down from 35 to 34. The median house price increased by a whopping 6.1% to $565K – a record high for Hamilton – and it’s looking good for 2018 with stable interest rates, strong business confidence and a flourishing building industry that constantly delivers new homes and jobs.

Buyer demand remains high and with limited choice of homes for sale, it poses an opportunity to vendors to fetch top dollar with less competition. Many listings produce multi offers – to the financial benefit of the vendors.

Are you considering a real estate move or wanting to off load an investment? Now’s your chance – strike while the iron is hot! The market waits for no one….

Linda is doing FREE, NO OBLIGATION APPRAISALS all over Hamilton. She’d be delighted to talk to you about your most treasured possession.

Call Linda on 022 64 50588 today!

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