Next Valuation

28/05/2026

At Next Valuation, we’re proud to have our valuation reports accepted by major banks across the commercial, rural, and residential sectors.

Thinking of refinancing, purchasing, or selling? Contact us today

www.nextvaluation.co.nz

16/05/2026

Thanks to Team New Zealand Sotheby's International Realty Manawatu - Team JVL for having us on!

05/05/2026

08/04/2026

📊 Q1 2026 Market Update – Palmerston North & wider Manawatu

We’ve just released our latest market update, and the theme is pretty clear - cautious optimism with a strong focus on risk.

Key takeaways by sector:

🏡 Residential
High stock levels (500+ listings locally), with first-home buyers and well-presented homes still performing best. Higher-end properties remain relatively resilient.

🏘 Residential Investment
Lower demand from ‘mum and dad’ investors, but continued activity from larger investors chasing yields (typically ~5-7% net).

🏗 Development / Greenfield
Margins remain tight. Build costs starting around $3,250/m² and development costs now often exceeding $100k per section.

🏢 Commercial & Industrial
Stable market conditions. Investor demand focused on modern, well-leased assets.

🚜 Rural
Strong activity off high commodity prices, particularly for dairy and finishing properties. Some softening risk with rising input costs.

🌳 Lifestyle
Ongoing demand for improved lifestyle properties, especially at the higher end. Vacant sections remain more challenging to sell.

Overall, the market appears to remain active, but buyers are more selective and pricing is key.

If you’d like a copy of the market update report or want to discuss anything in more detail, feel free to get in touch.

📩 Message us or email [email protected]

22/03/2026

The team have been enjoying the Lions Business House Mini Golf competition over the last few weeks. Thursday was the last night of the competition and we ended up coming second!

Thanks to the local Lions Club for putting the event on. All money raised from the competition went to Little Stars Palmerston North.

23/02/2026

🌾 Do You Need a Rural Property Valuation?

There are many reasons to obtain an independent rural property valuation, including:

💰 Finance and mortgage security
📍 Planning
🔎 Due diligence
👨‍👩‍👧 Succession
🏷️ Sale
🤝 Partnership or shareholder buy-ins / buy-outs
🏛️ Public Works compensation

Rural valuations are a specialised field requiring in-depth market knowledge and sector expertise.

Key factors such as land class, location, soil profile, improvements, productivity, and current market conditions must all be carefully assessed to determine an accurate value.

📞 If you would like to discuss your situation, the rural property market, or broader sector trends, contact the team at Next Valuation.

Make us your

13/02/2026

Do you need a rental assessment?

🏢 Landlord needing to undertake a rent review?
📩 Tenant who has received a rent increase notice?
📊 Owner-occupier needing to set an internal rental for tax purposes?

Rent reviews can take several forms, including:

• Market rent reviews – assessing current market evidence to determine a fair and reasonable rental.
• CPI or fixed increase reviews – applying lease mechanisms correctly.
• Renewal or lease expiry assessments – establishing market rent for a new term.

For landlords, the level of agreed rent could affect your property’s value.

For tenants, an unsupported increase can materially affect business costs.

For investors, rental income directly influences market value and yield. Even small changes in rent can have a meaningful impact on overall asset value.

For owner-occupiers, setting the correct internal rental is important for tax, accounting, and structuring purposes.

We provide independent, supported rental assessments backed by current market evidence - giving you clarity and confidence to assist your decision making.

If you’d like to discuss your situation, get in touch with the team at Next Valuation.

Make us your .

We are an independent property valuation firm providing transparent and reliable property advice across the commercial, rural, and residential sectors.

05/02/2026

Are you underinsured?
Rising build costs could mean your residential or commercial property isn’t insured for the right amount.
✔️ Insurance Cost Estimates by Next Valuation
📞 Contact us today for a no-obligation quote.

03/02/2026

🚧 Our office signage is up! If you’re passing by, feel free to pop in and say hello to the team 👋

11/01/2026

Our website is live! Click the banner below to check it out.

Whether you’re buying, selling, refinancing, need a rental assessment, or planning your next move, we provide clear, reliable property valuations you can trust.

We work across commercial, rural, and residential property throughout Palmerston North and the wider region.

Our services include:
• Market Valuations
• Rental Assessments
• Insurance Cost Estimates
• Consultancy & Advisory

Learn more or book a valuation here 👉 www.nextvaluation.co.nz

Make us your

We are an independent property valuation firm providing transparent and reliable property advice across the commercial, rural, and residential sectors.