Monday, October 1, 2012

I hope you have enjoyed these random & topical snippets on Wellington Real estate: I have now moved to News continues there!

Tuesday, July 6, 2010

May Sales Volumes Very Low

As low virtually as 2008 levels
About 540 houses sold in Wellington region in May. Boom was about 1100 a month 3 or 4 years ago.

And June felt like lower volumes of sales to me. Figures are not out yet. Felt like 450 I will guess.
I would like to blame the weather. It may however be the market is weakening.

The odd thing is that inventory of houses for sale is low and falling, and days to sell are down about 30% on a year ago. And median price down so little it dosnt really count ( though they are down 2 months in a row) Gives weight to winter blues rather than change in market.

In context , the lowest I have ever known was 1992 ( yes, I can remember that far back!) I recall a month of 380 sales and let me tell you, that was tough! I recall a newspaper headline " NZ to become Bananna Republic?" Well we didn't.

Wonderful Wellington House

Decided the previous blogs house deserved a specific mention.
Either new or refitted. InAston Fitchett Drive, a street of otherwise generally bland 15 year old Fletcher homes. Well done

Wonderful Wellington View

Aston Fitchet Drive Brooklyn
On the way to the wind turbine and well into the clouds usually.

Great view, and from a nice looking house I had never noticed. The subdivision is 10 or 15 years old. Not sure if the house is newish or a refurbishment. Well done either way

Wednesday, June 23, 2010

Wonderful Use of REAL Money

Wonderful Wellington Property: Buy a commercial building. Put your apartment on top!
I believe all three of these buildings have a "beneficial owner" who uses, or has used the Penthouse themselves. I don't know for sure with one of them.
Now isn't that smart? No body corporate, generally no noise, and look at the locations! Interestingly the photos were taken virtually from one spot. Well done!

Tuesday, June 15, 2010

Wonderful Wellington: Wonderful Disdain For Global Warming .

Fascinating new house being built within 2 metes of (current) high water

This unfinished home is just as you enter Days bay, towards Eastbourne.
Between the road & the sea. A very cool place to be. Views through the heads & to the Kaikouras. Looks like its got great solar heat collection ideas.

I was told years ago the cottage bowled to build this was Katherine Mansfields' family weekender. ( 100 years ago the genteel took the ferry over to their cottages for the weekend at "the seaside" Hasn't changed a lot really!)
Full marks!

Wonderful Wellington: Wonderful Disregard for Convention

About the only handmade roof I've seen. And I've seen a lot of roofs.

It would be exaggerating to describe this Cuba street Petone roof & wall treatment as handsome.
But there are few that would so disdain convention as to do this. Nailing flat iron over both roof & upper wall areas, including flashings is both a mission and also thinking not limited by roofing convention.
Full marks to the Kiwi number 8 wire philosophy, and independent thinking!