115 Paparoa Street, Papanui

115 Paparoa Street, Papanui

The vendor had this property under offer with a private ‘As Is’ company who went to confirm their sale and then dropped their purchase price to the lower $400’s. She then got Mary and Kate in to appraise, and list, her home. A pre-auction offer was received which included a condition that the property would be withdrawn and sold. This was rejected as potentially there was other interested parties and we weren’t sure at what level they were seeing the property. The property ended up being sold under the hammer on auction day for $543,000 to the buyer who had made the original offer.

APPRAISED AT: 

$500,000 - $550,000

VENDOR EXPECTATION:

$500,000+

SOLD FOR:

$543,000

OPEN HOMES:

9

GROUPS THROUGH:

27

BIDDERS:

6

MARKETING INVESTMENT:

$2,533.45