If you want to do well in property, like anything, then market knowledge is critical. Whether you are buying & holding, renovating, trading or developing, one of the most critical aspects of the game is values.

How much is a property worth now, and how much will it be worth once I have finished work on it?

This will depend on a multitude of factors, including location, type of property, price range, condition, number of dwellings, size, development potential… the list goes on. As investors, one essential item in the formulae is the capitalisation rate (cap rate). What is a cap rate? Why is the cap rate so different in Newtown from Newlands? What other factors determine what cap rate a valuer uses in arriving at the final figure?

Come along and hear from a panel of three valuers, all experienced in the Wellington region, unveiling the inside word on valuations in Wellington. This will include insight into the latest trends, plus the logic used to determine values in our wonderful city.

Where: Spectrum Theatre (BP Theratrette), BP House, 20 Customhouse Quay, Wellington
When: Tuesday July 13th, 2010
What Time: Registration desk open from 6.30 pm with meeting starting promptly at 7.15 pm
Investment: Capital PIA Members Free, all visitors $25.00 per person