How the real price of a property is determined

‘What is my property worth?’ is one of the questions I am asked most often.

And the answer is not: whatever the one next door is worth. Nor whatever you would like to get for it.

The real price is set by several things at once: location, condition, floor, orientation, building, parking, surroundings and, above all — what is ACTUALLY selling right now in the same segment.

There is a big difference between an asking price and the price at which deals are actually closed.

That is why a good valuation does not start with a price-⁠per-⁠square-⁠metre calculator from a property portal. It starts with comparison, knowledge of the market and sober judgement.

That is why the right price from the very start matters far more than it seems.

More insights

SEARCH WITH MESELL WITH ME