If you are thinking of selling your house, it is essential that you know its real value before starting the sales process. The value of your property will determine how the whole process will unfold. That is why we recommend that you consult a real estate professional to give you an accurate valuation. They are the experts on real closing prices in the market for homes similar to yours.
Although the valuation by a professional is the most accurate way to know the value of your house, here we tell you 5 key points that you should consider to establish an approximate price.
- Location: The location of your home is essential. A house in a big city will have a different value than one in a small town far from the city.
- Nearby services: The number of inhabitants, nearby services such as schools, hospitals, pharmacies, transportation services, and activity in the area are important factors related to location.
- General state of the house: The state of the house and the building are important points to consider. Common areas such as swimming pools, gardens and gyms are a plus for any house.
- Year Built: The year the home was built is an important factor in its valuation. A modern house will not have the same value as an old or newly renovated one.
- Similar homes for sale: Analyze homes similar to yours that are in the same area and find out their price. This will give you an idea of what you could sell yours for.
In addition to these 5 points, you can also take into account the cadastral value, which is the value assigned by the Catastro to a property. However, it is important to remember that the cadastral value does not always reflect the real value of the home. In any case, consulting a real estate professional is the best way to find out the real value of your house and make sure you sell it at the right price. At Finques Jordi Tané, we are here to help you with everything you need.
