The first and easiest method to determine the market value of the apartment – contact the real estate professionals who will perform an independent assessment. Of the company representing professional services in this area are not uncommon. This method has both advantages and disadvantages. High precision evaluation, assistance in the sale/purchase of apartments can be attributed to the positive side. Negative – the considerable cost of services.
To determine the value of their apartments, use the following methods. Buy the magazine, which is designed for a target audience of professional realtors. In this edition you will find detailed information on prices per square meter of housing in any area of your city. It is understood that the price given to intermediaries and shows the upper limit value, that is, the maximum that you can navigate.
Ring up a few real estate firms and invite them to buy your apartment. Of course, you don't need to leave your detailed coordinates, just let the area in which the dwelling is located and its condition. Tell us about the features of the apartment, its advantages and disadvantages. Knowing what price offers each of the surveyed real estate firms, recalculate the arithmetic mean. The price you will get will be the lower border in the definition of value.
As in the first and in the second case, don't forget to multiply the cost per square meter of the total area of the apartment.
Based on the fact that using the first method, you determine the upper limit value and a second lower, to calculate the approximate amount, which can be estimated, will be difficult.
There is another way to determine the market value of the apartment. You can use the available online calculator which can be found on the website of the largest real estate agencies.
Determining the market value of apartment sales, one of the important conditions of a successful sale. Market value of the apartment is the most probable price at which the apartment will be sold on the open, competitive market, where there is a sufficiently large number of buyers and sellers. The most exact price of the apartment you can find out by asking experts in the real estate market.
The cost of apartments is not constant. Housing prices may increase or stop your growth, depending on the situation on the real estate market.