20 Te Pakiaka Road, Pegasus, Waimakariri

Nestled in the serene locale of 20 Te Pakiaka Road, Pegasus, Waimakariri, this modern residential dwelling boasts a freehold ownership type, ensuring long-term security and peace of mind for homeowners. Constructed in 2020, the property features a robust concrete wall construction paired with a durable iron roof, both in good condition, reflecting the quality and care invested in its design. The house sits on a level contour with a generous land area of 310 square meters, complemented by a floor area of 128 square meters, accommodating 3 bedrooms and a carpark, making it an ideal family home.

The property has witnessed a remarkable capital value growth, with its valuation increasing from $640,000 as of July 2021 to a recent sale price of $650,623 in August 2023. This growth is underscored by a HouGarden AVM estimate of $330,000, highlighting the property's appreciating value and investment potential in a dynamic real estate market.

Education is a cornerstone of this property's appeal, situated within the zones of highly regarded schools. Pegasus Bay School, a full primary institution, boasts a decile rating of 10, indicating top-tier educational quality. Similarly, Rangiora New Life School, a composite school, is rated decile 9, further emphasizing the area's commitment to excellence in education. Additional educational options include Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8), offering a comprehensive range of choices for families with varying educational preferences and needs.