1b Eders Road, Woodend, Waimakariri

Located at 1b Eders Road, Woodend, Waimakariri, this delightful residential dwelling offers a blend of comfort and convenience. Built around 1997, the property features 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 91 square meters. The brick and iron construction ensures durability, while the good condition of walls and roof, combined with a level property contour, adds to its appeal. Ownership is via a Cross-Lease title, highlighting a shared interest in the land's use and enjoyment.

Over the years, the capital value of this property has seen significant growth, from $350,000 in August 2019 to $520,000 by July 2021, marking a 48.57% increase. This growth is supported by a HouGarden AVM estimate of $510,000. The property's sale history reveals a steady appreciation in value, with sales recorded at $260,000 in May 2006 and $357,000 in June 2019. The current market positioning is negotiable over $539,000, indicating a potential for further capital value appreciation.

The property is ideally situated within excellent school zones, offering a range of educational options. Nearby schools include Rangiora New Life School (Composite, Decile 9), Woodend School (Full Primary, Decile 8), Kaiapoi High School (Secondary Year 9-15, Decile 7), Christchurch Adventist School (Composite, Decile 5), and Marian College (Secondary Year 9-15, Decile 8). This diverse selection of schools provides great educational opportunities for families with children of different ages and educational needs.