22 Welsford Street, Woodend, Waimakariri

Nestled in the serene Welsford Street of Woodend, Waimakariri, this attractive residential property boasts a freehold title on a level 845sqm land. Constructed in 2002 with robust brick walls and iron roofing, the 186sqm floor area encompasses three comfortable bedrooms, two carparks, and is enhanced by a well-maintained interior and exterior. The current Capital Value (CV) of $750,000 reflects a 50% increase since 2019, echoing the property's growing worth. The HouGarden AVM estimates the value at $755,000, with the latest sales in 2024 and 2018 fetching $640,000 and $475,000 respectively.

With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. The recent sale history and AVM provide a clear indicator of its escalating value, making it an appealing prospect for potential buyers. The consistent rise in the CV from $500,000 in 2019 to the current figure is a testament to the property's desirability and the area's popularity.

For families with school-aged children, the property falls within the catchment of esteemed institutions. Rangiora New Life School, a composite school with a decile rating of 9, Woodend School, a full primary with a decile 8 rating, and Kaiapoi High School, a secondary school with a decile 7 rating, are among the fine educational facilities in the area. This combination of quality education and a rapidly appreciating property makes it a perfect blend of comfort and investment.

Updated on September 11, 2024