21 Observation Place - Paraparaumu Observation | Page 3

RV and Valuation ❖ The current RV is $540,000 ❖ This valuation date was 1st of August 2017 ❖ That was 21 months ago. The median sales price has increased in Paraparaumu by 49.6% between May 2016 to May 2019. ❖ The vendors had the home valued by a Registered Valuer, this valuation was performed on the 3rd of April 2019. ❖ The valuer has valued the home, in its current condition in the current market at: $704,000 which includes $15,000 of chattels