59 Barnes Street, Pegasus, Waimakariri

Located at 59 Barnes Street, Pegasus, Waimakariri, this residential dwelling boasts a freehold ownership type with a floor area of 154sqm and a land area of 403sqm. Constructed in 2016, the property features two bedrooms, wood walls in good condition, an iron roof also in good condition, and is situated on a level contour. The home includes two car parks, emphasizing its convenience for homeowners. The property's design and construction cater to modern living standards, providing a comfortable and stylish living environment.

The property has seen a significant increase in capital value, from $415,000 on August 1, 2019, to $650,000 on July 1, 2022, marking a 56.63% growth. The latest HouGarden AVM estimates the property's value at $637,500. Recent sales data shows transactions at $700,000 on September 17, 2022, and $660,000 on February 22, 2024, indicating a robust and dynamic local real estate market. This growth trajectory underscores the property's investment potential and the area's increasing desirability.

School zoning is a highlight, with access to top-rated educational institutions including Pegasus Bay School (decile 10), Rangiora New Life School (decile 9), Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8). These options provide excellent educational opportunities, catering to a range of learning needs and preferences, and add to the property's appeal for families.

Updated on March 21, 2024.