How to properly assess the value of real estate before buying?
Assessing the value of real estate is an important step that will help you avoid overpaying. For an accurate analysis, it is worth considering several factors.
The first thing you need to pay attention to is the location. Areas with developed infrastructure and good transport accessibility are always more expensive. Compare prices for similar properties in the selected location.
Assess the technical condition of the property. Consider the year of construction, depreciation of the building, quality of repairs and the condition of utility systems. Old houses with worn-out utilities require additional investment.
Don't forget about legal purity. The presence of encumbrances, disputes or other legal issues can reduce the value of housing.
Use online services to analyze the market. Specialized platforms will show the average price per square meter in the area of interest.
If you have no experience in assessment, contact an independent expert. A professional will provide an objective opinion that will save you from overpaying.
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