The sort of houses we're looking at

I know that some of you are very interested in this topic ;) (wink-wink), so whilst we are still about 2 months away from being declared "mortgageable" (we need to have held our jobs for a while before deemed safe enough to loan money to), here's a quick rundown of the sort of houses we've been looking at.

You know, as in, for buying.

A small weatherboard cottage on Macmaster street, $195,000. (Listing here.)


3 bedrooms, but no garage and the section is really long and narrow, with houses shading out each other's sun, however it is a lovely tree-lined street and slightly elevated away from the river, so less prone to flooding when sea levels rise and the city starts struggling draining away stormwater. Realistically priced, too, though it is at the top end of where we have set our budget with weekly repayments being $222 on a 25-year loan term (fixed to 4.99% for five years).

1930's brick and roughcast house on Crinan street, $168,000. (Listing here.)


A reasonable-condition house all around (re-roofed, looked after, no garage though) and a very large section at 1012 m2, but man! they've overpriced the bugger. At $168,000 I'd say they're asking about $30,000 too much for it as being in the bottom of Appleby they're a bit rough in terms of neighbours but... we'll keep an eye on it. Chances are the price will come down somewhat. (I don't know what the real estate person's thoughts were exactly, but at this price they really are just fishing.)

1940's brick and roughcast house on Earn street, $129,000. (Listing here.)


Again, an old dwelling and no garage, but... doable. Totally doable. It's got roof tiles (rather than corrugated iron), a large section (1012 m2), space. I'm not very fond of its location as being in the bottom of Appleby it's a bit rough, riiiiiiiiight at the end of the school zone so it's quite a hike to get to our local primary school and in terms of land elevation it's a bit on the low side... however, it's away from the river and at the foot of a hill, so even in the event of a flood the water is not going to be pooling there.

But either way, we can't do any of those houses at the moment: have to slog away at our jobs for another 2 months and then we can actually apply for mortgages and buy places :)

I'll keep you posted.

16 comments:

  1. See $ on NZD $ jah? Arvestan siin eurodesse :D

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    1. Uus-Meremaa dollarid, jah, nii et eurodes see on vist umbes:
      $195,000 = €130,000
      $168,000 = €111,000
      $129,000 = €85,000

      Mis Tallinnas selle raha eest saab?

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    2. Midagi ei saa :) Vähemalt mitte seda, mida meie tahame. Meie Kristiine pisike 3 toaline mitte üldse eriline korter maksab rohkem kui 130 000 (eelmisel aastal tegime hindamise, siis oli 130 000, nüüd on hinnad veel tõusnud). Väikese ridaka veel väikesema murulapiga saab siiakanti 270 000eur ja üles, 4-toalise korteri uude/uuemasse majja ca 200 000 eur eest. Aga kindlasti on ka Tallinnas piirkondi, kuhu saab 4-toalise korteri 85 000 eest või äkki isegi soodsamalt (pole uurinud). Majade osas on nii, et Kristiinesse saad 160-200 000 euro eest pisikese linnakrundi kus peal minig käkerdis, mida pead hakkama maha lammutama ja siis nullist ehitama. Fun! Aga noh, teil paistis kiire gooeldamise järel vist olema mingi pisem linnake? Tallinnast väljas on jälle teised hinnad.

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    3. Tähendab selguse mõistes veel nii palju ütlen, et Kristiine on Tallinna mõttes pigem ikkagi üks kallimatest piirkondadest. Või vähemalt nii mulle tundub...

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  2. Damn what prices :/ Not that it's much cheaper in Estonia.

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    1. Mind you, we are looking at buying a house in one of the cheapest suburbs of one of the cheapest cities in New Zealand.

      It's this whole topic where... I don't understand how people buy houses which have such high mortgage repayments that they HAVE to have two people earning money in order to pay for it. But what if one of them loses a job? Gets ill and can' work? What if economy dunks and they need to take up jobs with lower incomes? If a house costs so much that they cannot payit with any lower incomes, then it basically means that as soon as they lose some of the income, they lose the house.

      And I do understand that it's the market - that if a person lives in a place where there just isn't another option, then they may take up the risk, but... That's the thing I don't understand. It's like this collective frenzy where so many people are willing to really stretch their repaying abilities.

      New Zealand has one of the most unaffordable housing markets. And we are looking at buying a house in one of the cheapest suburbs of one of the cheapest cities.

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  3. Tallinnas ei saa sellise raha eest midagi, heal juhul mingi korteri. Majade hinnad on alates 200 000€ (kui just päris lobudikku ei taha ja ega neidki pole eriti saada). Samas, hindu ei saa vist võrrelda, sest Tallinna puhul on tegu ikkagi pealinnaga, aga ma ei tea kui atraktiivne elukoht Invercargill Uus-Meremaa mõistes on?

    Kusjuures, kas te pole mõelnud osta krunti ja lasta ise ehitada? Ei pruugi üldse kallim tulla, aga saaks teha oma soovide järgi.

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    1. Invercargill on Uus-Meremaa odavamaid kohti... Christchurchis oleks sellised majad ca $370,000-$490,000 ja Aucklandis oleks nad ca $800,000-$1,000,000.

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    2. Ise ehitamise osas olen põgusalt vaadanud küll, aga kallim oleks see küll: isegi kui krundi saaks odavalt, $40,000 , siis maja ehitamine oleks alustades $250,000 kandist ja seega meie sellist laenumakset ei taha. Meil on vaja laenu, mida me saame järgmised viis aastat ülirahulikult ühe inimese palga pealt maksta kuniks mina koolis käin ja õpin...

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    3. Kas päriselt samasugune maja maksaks Aucklandis miljon? Päriselt? See on küll õudne perspektiiv..

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    4. Kusjuures päriselt, jah... Noh, natuke oleneks linnaosast ka, selles mõttes, et oleks nõus elama nii äärelinnas, et kesklinna saamiseks oleks vaja tund aega autoga sõita või näiteks 30 minutit autoga rongijaama ja siis 30 minutit rongiga edasi kesklinnani, siis saaks sellise maja ka $650,000-$800,000 eest. (Auckland on üsna kitsa maariba peal, nii et ta on hästi pikliku kujuga ja maanteed on selle tõttu väga umbes.) http://www.enz.org/house-prices-auckland.html

      Aga muidu tõesti $800,000-$1,000,000. Kesklinna lähedal on isegi KESKMISED majahinnad üle miljoni.

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    5. Okei siis mul on sulle hea nõu tasuta ära anda! Ära Aucklandi koli!

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  4. That top one? That's what we paid for our current place, before the market went bonkers. That was after 5 years living in a two bedroom flat that we bought for half that amount and paid off in full with lots of hard work. You'd be lucky to get the original flat for the $195K now which is totally ridiculous!
    I know what our current GV is, but suspect that the actual sale price should we want to would be significantly more.
    I hope you get a good house and it becomes a lovely warm and comfortable home for you guys.
    Oh, and on spending so much both of you have to work? I wonder how many of them factor in maintenance. We had to redo the batts in the roof this year, we spent a little more than necessary in order to go wool, and the double glazing wasn't cheap either but well worth it. Things like fences and painting and plumbing breaking down are all things that people don't think of.

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  5. Meil Inglismaal on kuulutuste hinnad 'asking prices' mis tähendab, et kui just väga nõutud piirkonnas ei ela, siis maja müüakse tegelikult odavamalt ära. Kui maja müüki pannakse, siis kohe pannaksegi tingimise ruumiga, ehk kõrgem kui see summa mida päriselt kätte tahetakse saada (ja noh lootuses ka, et ehk keegi ostab ka küsitud hinnaga ära). Seda arvesse võttes tasub siin alati ka vaadata neid maju mis teatud summa piiris su budget-ist välja jäävad, sest nagunii müüakse need odavamalt kui asking price on. Kas teil NZ on ka nii või on teil mingi muu süsteem?
    Näiteks Sotimaal käib kinnisvara ostmine üldse läbi 'sealed bid'. Paned oma pakkumise kinnisesse ümbrikusse mis antakse kinnisvara maaklerile ja tema siis teeb teatud päeval teatud ajal kõik pakkumiste ümbrikud lahti ning maja ostu õiguse saab kõrgema summa pakkuja.

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