Nestled in the charming 1950's era, this 3-bedroom, 2-carpark residence on 840sqm of freehold land at 180 Springs Road, Hornby, Christchurch, offers a captivating blend of nostalgia and potential. Constructed with wooden walls and tiled roof, this average-conditioned home is set on a level contour, providing a perfect canvas for DIY enthusiasts to transform it into a family's dream haven. The property has seen a 53.25% CV increase from $385,000 in 2019 to the current $590,000, with a HouGarden AVM of $582,500, reflecting its growing value. This address is not just a home but an investment in a lifestyle, with its proximity to Hornby Hub, The Landing, and an abundance of parks and reserves.
On the valuation front, the property's capital value growth is impressive, and its recent sale history underlines its desirability. The capital value has risen at a remarkable pace, making it an attractive proposition for investors and families alike. The HouGarden AVM further supports the property's worth, indicating a stable market value.
For families with school-aged children, the property falls within the catchment of several esteemed institutions. The nearby Villa Maria College boasts a decile rating of 9, Hornby High School Years 7-8 stands at a decile 3, and St Thomas of Canterbury College is rated decile 8. Other schools include South Hornby School, Middleton Grange School, Aidanfield Christian School, Christchurch Adventist School, and Hagley Community College, offering a range of educational options.
Updated on November 08, 2024