Common Wellington Real Estate Questions
Straight answers to the questions we hear most from Wellington buyers and sellers.
Short, practical, and based on 500+ Wellington sales.
What is an RV and how should I use it? The RV is a council rating value used for rates, not a market price. In Wellington it can sit well above or below real sale prices. Use RV as one data point, not the target.
Do council rates tell me what a home is worth? No. Rates are based on council budgets and the rating value. They do not move with weekly market changes. Recent comparable sales are a better guide.
How accurate are online price estimates? They are a rough starting point. In hilly, micro-climate suburbs like Karori or Khandallah, estimates can miss sun, aspect, and condition. Always cross-check with real sales.
What is the difference between a LIM and a builder’s report? A LIM is council records like consents, drainage, and hazards. A builder’s report is a physical inspection of the house. You usually need both in Wellington.
Tender, auction, or deadline sale — what is best? Each method can work. Tenders are common in Wellington because they focus serious buyers and timelines. The right method depends on your home and demand at the time.
What does conditional versus unconditional mean? A conditional offer depends on things like finance or reports. Unconditional means you are committing regardless. Only go unconditional once risks are checked.
Can I sell or buy a home with unconsented work? Often yes, but disclosure is key. Expect extra due diligence or pricing to reflect the risk. We will help you decide if consent, confirmation, or price adjustment makes sense.
What adds the most value before selling? Warm, dry, light, and tidy. Think paint touch ups, lighting, storage, garden tidy, and fixing moisture signs. In Wellington sun is a premium, so show it off.
How long does a sale usually take in Wellington? Allow one to two weeks for prep, around three weeks on market, then four to six weeks to settle. Timelines depend on method and conditions.
How do agent commissions work? You pay a fee only when the sale is completed. The commission covers marketing advice, buyer management, negotiation, and legal coordination. We explain the fee structure upfront.
What is the best way to stand out as a buyer? Get finance pre-approval, know your limits, and move fast on reports. Clean offers with sensible conditions are competitive in Wellington.
Can I see a property before the first open home? Often yes. Private viewings are common if the seller allows it. Ask and we will try to arrange a time that works.
