Quotable Value (QV) Data: Who Qualifies and What You Get
Access government-verified property valuations to help you understand the true worth of a property in New Zealand.
This scheme provides access to government-verified property valuations to help people understand the value of land and buildings across New Zealand.
Who it's for
This service is designed for a wide range of users. It is open to the general public who want to research property values, as well as real estate professionals who require accurate data to assist their clients in the property market.
What you get
Users can access government-verified property valuations. These data points provide a level of verification that helps clarify the worth of a specific piece of real estate. This information is intended to provide transparency for buyers and sellers navigating the property landscape.
What it costs you
Accessing this information is not entirely free. While you may find basic information, you will be required to pay subscription fees if you want to access more detailed reports. These fees vary depending on the depth of the data and the specific type of report you choose to download.
The catch to know
The most important thing to remember is the difference between a government valuation and the actual market value. Many people make the mistake of relying solely on the Rateable Value (RV) to decide what a property is worth. It is important to understand that the RV is a specific valuation used for local council rates and does not always represent the actual price a buyer might pay on the open market.
How to apply
- Navigate to the official portal.
- Use the search function to find the specific property you are interested in.
- Review the different types of data and reports available for that property.
- Complete the payment process for the specific subscription or report you require.