Buying a property represents the realization of a dream, one of the most special moments in a person’s life. For this reason, it is essential to be extremely careful throughout the process. And it is quite common that, in the face of such an investment, the question remains: is the business really worth it? How to evaluate the value of a property? How to know if the price is really fair? There comes the importance of the estimation immobilière belgique .
The good news is that there is no secret to getting the long-awaited homeownership. Check out this post for some tips that will surely help you make this important decision. Are you curious? Follow right now.
One point that also deserves attention is the growth potential of the neighborhood. After all, every city has expanding regions. And that must be taken into account. To understand this trend, check if there are processes underway for the construction of new equipment in the neighborhood, such as supermarkets or squares, or if the city plans to expand services to the region, whether with the availability of new roads, the implementation of a subway or even the expansion of the roads that give access to the area.
For many business professionals, location is viewed simply as the most important factor in appraising the property and they are certainly not wrong. This makes a lot of sense especially nowadays, as we know that cities are becoming increasingly congested and time is getting scarcer.
Getting to downtown quickly or being near points of interest certainly adds a lot of value to any property. Neighborhoods that were once considered suburbs now experience strong appreciation precisely because they are in a privileged position.
Direct access to large outlets is also a key item as it can save precious hours of the residents’ day. In this sense, compare the value of the square meter of other houses and apartments in the region, as this may bring a more reliable parameter to determine the value in that locality.
Chat with the neighborhood
A good broker will always talk to the neighborhood, as this is a smart move to evaluate a property more accurately and more knowingly. And this is not just because having good neighbors values any property, but with the ability to have inside information that you certainly wouldn’t get from a distance.
So try to ask a lot and get as much information as this data will positively or negatively impact your pricing. Inquire about how the locality is at night, if policing is constant, if there are many parties on the weekend, if the neighborhood is very empty on holidays, if street lighting is effective, among other points.
Search the documentation
Documenting a home or apartment is a key factor when evaluating a property, as unfortunately many people are not in the habit of paying their bills on time or keeping their registrations up to date. Therefore, checking this item can avoid serious headaches, as a property that is in inventory, or comes from the possession, for example, will certainly be greatly devalued in the market.
So, before you even think of value, request the updated registration in the notary, consult the city for the property tax and other fees. If the unit is part of a condominium, also ensure that condominium fees are up to date and that there are no outstanding labor issues.