"There is still a lot that can be saved in my opinion but everything would need to go through council of course," Glucina said.
"Everyone wants to know if the house can be removed but I can't say, that is not my area of expertise."
Glucina said there had been a lot of interest in the 430sqm property which was on the preferred side of the street with views out to the west.
"It's a lovely quiet street but is so close to West Lynn shops and Ponsonby. Land around here is as rare as hen's teeth so it will have a sold sticker on it soon."
The Hoeft family who own the home escaped the fire with only their belongings.
"The main thing is everyone got out and no lives were lost which everyone is very thankful for," Glucina said.
The average property value in Grey Lynn is $1,301,150 according to QV e-valuer data. A dilapidated villa, at 2 Leighton St, which is nearby, sold for just over $1m two years ago. It was rebuilt and had a two-level extension added at the back, and sold in late March for $2,875,000.
The Farrar St house goes to auction on Wednesday, August 3.