Is Your Dream Apartment Overpriced? Simple Tips and a Handy Tool!
How do I know if a property is overvalued?
The question of whether a property is overvalued is a concern for anyone looking to buy or rent a property. That’s why we’ve put together a list of tried and tested ways to find out😉.
– Compare with similar properties.
– Cost per square metre analysis.
– History of property prices
– Check the condition of the property
However they take a lot of time, but fortunately there is a site that shows the average price of similar flats. By the way, it works for both renting and buying 👇
How to use? (Method #1).
1. At the very top of the site, select the ‘Services and Products’ tab and then select ‘Property Prices’.
2. Now specify the type of transaction and the characteristics of the property you are interested in.
3. And that’s it! Now you know the average price of the property you are interested in and how it has changed over the last few years.
Method #2
1. You can start looking for a property right on the site!
2. When you find one you like, go to the ad and scroll down a little.
3. And that’s it! Now you know the average price of the property you are interested in and how it has changed over the last 5 years.
Петр
4 months agoI didn’t even think that something like this was available publicly
Родион
3 months agoI think the system generalises the average result too much