The Basics Of Real Estate Capital Valuations

The real estate market in New Zealand is constantly changing, with property values peaking and dipping with an almost seasonal frequency. To be able to maintain a sense of order, and determine rates, local councils have taken to issuing CVs across all properties within their region. When spoken of in real estate terms, a CV refers to a capital valuation. This figure acts as a barometer for shifts within the property market at large. Let's take a look at some of the basics of CVs to help you gain an understanding of the part they play in real estate.

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