Auckland’s updated CVs recently hit letterboxes, but before you start rethinking your property’s worth or your selling plans, it’s important to remember this: CVs are a snapshot from the past, not a reflection of what your home is worth today.

In fact, Auckland’s latest CVs are already over a year out of date, and in real estate, a lot can change in a year.

Barfoot & Thompson’s General Manager of Sales, Grant Sykes, agrees that the release of new CVs always creates “a lot of noise.” But as he explains, “we don’t see them having a huge impact on the prices that are achieved. You still need a willing seller and a willing buyer to pay the money, or not.”

Here’s what really matters: live market data. That means comparable recent sales, on-the-ground insights from experienced salespeople, and buyer demand in your area. And if you’re looking to truly test the market?

“An auction is the best way to find out what a property is worth. It is the fair market value on the day, when someone’s prepared to put their hand up and bid the price.”

If you're serious about understanding your property’s current market value, talk to one of our salespeople who knows your area and the real-time data that shapes it.

Talk to your local branch today: https://www.barfoot.co.nz/find-us/find-a-branch

#WhatsYourHomeWorth #CVs