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Upper Hutt Leader : June 8th 2011
2 UPPER HUTT LEADER, JUNE 8, 2011 NEWS Talking Real Estate with Steve Slicker Hi folks, I'm cur rently marketing a home which is presented to the market in a great condition, the price seems ridiculous given that you get 4 double bedrooms and an 843m2 section for a BEO of only $225,000. So what's the catch? There is no catch but the property is for sale in a predominantly state housing street. This has raised a number of issues with prospective purchasers about possibly buying the best house in not the best street so I thought I would ask "Surely there can't be too much wrong with buying the 'best house' in the street?" There is no one-size-fits-all answer to this question, but an exploration of what constitutes the 'best house' will make purchasers more aware of what the pitfalls are. Put simply, in terms of capital growth the best house in the street is not always the best investment, or the most likely to make the greatest capital gains by the time they want to sell. When looking for a house to buy, most would-be buyers want a home that suits their needs, but the underlying rationale is nea rly always re-sale value. And sometimes these two aims seem hard to reconcile. The big house with a stunning kitchen and a bedroom for each child, a r umpus room and an office may be near a busy road which makes the price competitive with the property that is much smaller but is walking distance to amenities and has an outlook over the park. Which property suits the family better? For those looking at the immediate needs of their family, the house near the main road seems better, but for those looking at long term investment potential, such a property may impact negatively on the family's finances a nd mean they a re less likely to be able to afford the ideal house in the long run. Attributes related to the land (proximity to desirable amenities, size, use, aesthetics, absence of negatively impacting neighbours and just plain old area appeal) carry more weight in determining the value of most properties than the actual building on the land. It is a real estate cliché that the best purchase in investment terms is actually the worst house in the street or a rea. This doesn't necessa rily mean the house is in bad condition (a big house in poor condition may be so expensive to renovate that it is a poor investment); it usually means that it is more modest than the properties that sur round it -- in other words, it's not an expensive house on a cheap block of land but rather, an inexpensive house built on high value land. Of course there are exceptions to every rule and many people opt for immediate lifestyle choices rather than long term capital gain. Buyers need to research the selling prices of a big enough sample of properties if they want to make an informed choice. Most savvy purchasers buy with location and capital gain as their main considerations, and use a combination of increasing values and equity to finance them into their ideal property at a later stage in their lives. If you are thinking of selling your home please call me on the numbers below or contact me via email firstname.lastname@example.org alternately fill in your details on my website www.steveslicker.com Kind regards, Steve Slicker (04) 212 6787 0275 661 949 Advertorial 2148529BR FREE * BRAKES * CV JOINTS * TOWBARS * LUBES * WOF * TRAILER HIRE * EXHAUSTS * SHOCKS * CLUTCHES * CAMBELTS Phone 527 8577 29 Queen Street, Upper Hutt MAIDSTONE MUFFLERS your undercar specialists Brake & Exhaust Checks 2761602AA MANAGER: JENNY RUSSELL email@example.com The Upper Hutt Leader is published by Central Community Newspapers, a division of Fairfax New Zealand Ltd, and printed at 35 Bouverie St, Petone. The registered of ce of Fairfax New Zealand Ltd is 40 Boulcott St, Wellington CLASSIFIED ADVERTISING: Classified: firstname.lastname@example.org Ph: 528 9654 Fax: 528 3021 154 Main Street, Upper Hutt Now available online at: http://fairfaxmedia.newspaperdirect.com Our Weekly Top Ten Stories on: upperhuttleader.co.nz Order Photos online at: pix.ccn.co.nz EDITOR: ROSEMARY MCLENNAN email@example.com SPORTS EDITOR: COLIN WILLIAMS firstname.lastname@example.org Delivered to 22,226 Homes and Businesses throughout Upper Hutt, Stokes Valley, Manor Park and Haywards 2920501AA Campaign to quit smoking Smokefree: Dr Elke Chantelau who, with Gain Health Centre staff, took on the challenge to promote smokefree living for World Smokefree Day last week. Photo: ROSEMARY McLENNAN By KAROLINE TUCKEY Gain Health Centre staff who marked World Smokefree Day last week say taking every opportunity to promote the smokefree message is important. Last Tuesday the team at the Fergusson Dr clinic behind the Broadway Shops dressed up in quit branded T-shirts, decorated the waiting room and doctors asked every patient if they smoked and if so, if they were happy with that or wanted support in quitting. We want to encourage people to make the decision to quit. . .andweofferthem support, doctor Elke Chantelau said. Doctors commonly talk with patients about their smoking status, but the awareness drive generated more emphasis on the import- ance of this, she said. We are a bit more vigilant as there s a bit more of a push. I ve found it amazing to see how much people notice it [the T-shirts and posters for the campaign] and start talking about it on their own. Because research shows people take an average of 14 attempts before they success- fully quit smoking long term it was important to keep the message out there, and keep providing reasons for per- sonal motivation. The best evidence for suc- cess when quitting and stay- ing a non-smoker is screening for the right person who s motivated, and supporting them with combinations such as nicotine replacement ther- apy, other aids, counselling and following them on to pre- pare to look at barriers, to help them find ways to over- come barriers, Dr Chantelau said. Talking about the medical reasons for quitting could be strong inspiration. We can do a small office lung function test; I check that it hasn t affected their airways yet, and if it has it often does motivate them to quit. An online heart health fore- cast test available on the Heart Foundation website was another useful tool. Dr Chantelau said her experience was more people are aware of the dangers of smoking, are more likely to talk with their nurse or doc- tor about it, and more ask for help with quitting; all good progress, though she would particularly like to see less young people take up the habit in the first place. More cyclocross in series By COLIN WILLIAMS Cyclocross returns to Upper Hutt this Sunday morning with the first of a new and expanded race series. Eight events will be held fort- nightly, alternating between Trentham Memorial, California and Harcourt Parks, in an eight- race season for an increasingly popular form of off-road cycling. Organised by Mike Anderson from The Bike Hutt, the event is into its third year and with the eight races it is doubling its size and scope from a year ago. It s bigger and better and it s a real opportunity for riders to try something new. It also makes for good watching too, he says. We ve had good interest in recent weeks from around the region and I m sure our competi- tor numbers will be up. The circuits are good, the weather is tops so Sunday is going to go off, he says. Cyclocross, a massive sport in Europe, is a high-action event with an emphasis on bike hand- ling skills and endurance. Riders can opt for either the 30-minute novice competition or the 45-minute (plus a final lap) main event. There will also be a children s race early on in the action. The specially designed cyclocross course includes stream crossings and hurdles. The fortnightly racing are stand-alone events with entry at $10 (or $50 for the series). For details, contact Mike Anderson 527 8715. New school info Details about the new year 7 to 10 middle school in Upper Hutt will be available at an information meeting on Saturday. The Upper Valley Middle School is set to start at the beginning of the next school year and operate with a maximum 60 students. The principal, John Dalman, will attend the meeting and the location of the school s property is expected to be announced. The school is being established with Auck- land s Villa Education Trust which set up the Mt Hobson Middle School eight years ago and follows more than two years of of plan- ning and investigation initiated by two Pine- haven parents Erica Hanlon and Ruth Harland. Indicative fees for the new school are $8000 a year. The Saturday public meeting will be held at the Lane Park Cafe, 16-22 Lane St, and is set to run from 1pm till 3pm.
June 1st 2011
June 15th 2011