Properly calculating the market value of a property is essential.
How much is my home worth ? This question most often arises when selling your own property. Since the purchase or sale of real estate usually involves very large sums of money, it is advisable to approach the subject of real estate appraisal carefully and as soon as possible. In addition, sellers on the one hand and buyers on the other hand sometimes have very different ideas of the exact market value of a property. It is therefore advisable to determine the purchase price with the help of a specialist.
Different approaches are used to determine the market value of a property. One of the most common valuation methods for valuing real estate is the hedonic method, also known as the comparable value method.
With the hedonic method, the valuation of a property is based on the actual prices of transactions on the real estate market. Statistical methods are used to divide a property into its components (location, size, number of rooms, etc.). It is thus possible to determine the average purchase price paid for comparable goods. Banks as well as the online calculators offered generally rely on this method.
This is the evaluation method that we have chosen at Bee'z Solutions as part of the free estimate.
The best way to accurately estimate the market value of a property is to hire a professional who will not directly benefit from the sale.
We can advise you and refer you to an experienced, recognized and independent person to assess your property, subject to financial participation.
Make an appointment for a real estate estimate by providing your contact details and an advisor will call you back to confirm your appointment.
