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Selling your home is an important decision, but once made, you may have to face other issues that are just as crucial, and even more complex. For what price do I sell my house? How much does it really cost? How much money are people willing to pay for it?
How much is my house worth?
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Without the necessary training in the world of real estate, the only reference you may have is the price you paid for your house when you purchased it. But home values are constantly fluctuating and depend on numerous factors, which further complicates this issue. Therefore, the price of housing a few years ago will not be the same as it is now.
What does the price depend on?
Some of the factors that affect the value of the home are:
The year of construction. In general, the older a home is, the more its value will have depreciated.
The area will also affect the price, since there are areas that are better valued than others, with more nearby and more in-demand services.
The size of the home, taking into account both the total surface area and the Romania Mobile Number List useful meters, as well as possible extras such as garages or storage rooms.
South orientation and higher floors also imply a higher price.
The quality of the materials and construction will also be an element to take into account, as well as the current state.
The legal charges or characteristics that surround the building. For example, it may affect whether the building has a leak, or a comprehensive rehabilitation of the building where the home is located is necessary.
Recommended reading: How much does it cost to make a power of attorney to sell an apartment?
However, to convert all this information into real numbers, you should go to a professional.
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Home appraisal
If you need to know the market value of a home you will have to contact a professional expert in carrying out appraisals. They tend to be architects with knowledge in the sector and with experience in this type of assessment. If you don't know who to turn to, websites like Certicalia are useful , where you can easily contact specialized technicians.
When contacting the professional, you must indicate the objective of the appraisal, since the sale is not the only process that requires it. For example, it is also necessary in divorce processes, inheritance distribution, commercial negotiations, etc., and for each of these situations different valuation methods can be used.
Although there are different appraisal methods, the most common is the sample comparison method, by which the home is compared with others with similar characteristics that have been sold in the same area. It is necessary to have a sufficient sample to ensure an accurate result.
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