Home » How much is your home worth?

How much is your home worth?

by admin

There are many situations in which you start to think about putting your property up for sale. For example, if you intend to move to a new city, you might prefer to sell your old home, so as to have enough funds available to buy a new one without having to take out a mortgage.

home

Whatever the context, the desire to sell a real estate property remains fixed greatest possible value. This is why it is important to carry out a careful inspection property valuationtaking numerous factors into consideration.

Location and size

The first two elements that should be analyzed before defining the value of a property are essentially the location and the square footage. As for the position every city has its most popular neighborhoods. They are usually the areas closest to the centre, and for this reason they are located a short distance from most services, such as stations, municipal offices, schools and much more.

In relation to square footageHowever, not only the space inside the apartment should be considered, but also any balconies, terraces, garages and garages. These are all characteristics that could cause the value of the property to rise significantly. For example, in areas where there is little car parking, having a garage available may be an essential factor for some buyers.

The energy class

Another element not to be underestimated is the energy class. Today there are many who want to buy a real estate property that has excellent energy efficiency, so as to reduce their consumption over time. A thermally insulated apartment equipped with photovoltaic panels could be very interesting for future buyers, allowing you to try to offer a higher and more advantageous price for the seller. For many people it is preferable to spend more on an apartment that has a good energy class, with the aim of having lower costs in the future.

See also  Covid, first data from Israel on the fourth dose: it increases antibodies by 5 times

Is it worth renovating?

The state of the real estate property has a significant impact on its value. A home in poor condition, completely in need of renovation, is usually sold at a lower price than one that has recently been completely renovated.

In these cases the seller should carefully evaluate what to do, perhaps with the help of a real estate agent who knows what the market trend is in his area. In some situations carry out a complete renovation before the sale it may not be very convenient, given that the increase in value could be less than the funds needed to cover the work.

The evaluation of the real estate agency

If you want to have a precise, transparent and reliable evaluation available, the best solution is to entrust the work to a real estate agency. The real estate agents in the area know the neighborhood very well, and know how to analyze every single detail, so as to define the pros and cons of the property.

Thanks to them, selling will be much easier and simpler. They themselves will organize the visits of potential buyers, so as to highlight every aspect of the property. They help the seller and the buyer to find an agreement that is a good compromise for both.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy