So I subscribe to the Qv e-valuer, which I know is the one the banks use to determine what they will lend you, and after we challenged our rating valuation in March and updated the number of bedrooms in the house to four, (it was 3 bed in Caversham, Dunedin) the e-Valuer jumped from 211K to 259k (which I knew was a bit high), but then since then the e-valuer has been gradually slumping again until now when it has gone down to 212k! What the hell is it up to? I know it's not accurate, and I know from looking at the 'nearby sales' info that our house is nothing like the ones the automatic valuer is comparing it to, but why did it jump by so much then slump all the way back down again? Is there any point in paying for an in person valuation when our renovations are finished to look at refinancing to invest or should we grit our teeth and wait for the e-valuer value to
hopefully shoot up again? Anyone know how they work?
thanks!
hopefully shoot up again? Anyone know how they work?
thanks!
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