Why get a rental appraisal?

If you own the property, a rental appraisal will ensure that you've set the weekly rent at the best possible level to maximise your returns in a sustainable way. Set the rent too high and you'll struggle to find or retain good tenants, but set the rent too low and you'll be missing out on the best returns! Your independent team of Belonging Property experts have their finger on the pulse in the local area, and can inform you how much rent can be charged in your area - taking into account the particulars of that property, other homes in the area, amenities and other factors. And if you're looking to obtain finance to buy an untenanted property, then an up-to-date rental appraisal can assist in your conversation with the bank, in the absence of a signed tenancy agreement. When should you get an rental appraisal? Take one look at the news and you'll know just how fast the property market moves in New Zealand, especially in Auckland! With changes in both property values AND weekly rents happening so rapidly, it's important to be as up to date as possible.