Estimation of market value of real estate independently

Everyone who at least once bought an apartment, faced with the desire of the owner to show it in the most beautiful form. But the desired is not always true. That is why there are several rules that must be adhered to when looking at a future apartment, because a real valuation of the market value of real estate can be much lower than what its owner thinks.

sunlight

Inspect the apartment only during the day. No visits in the evening or early morning! If the owner has free time only after 18 hours, ask to reschedule the inspection on a day off. True, in this case there is a risk of getting a distorted picture of the noise of the area, which is usually well visible on weekdays. But still, in this way, you can be sure that the assessment of the market value of real estate, in this case, the future apartment, will be the most accurate.

Location

Do not forget, after inspecting the apartment itself or before it, walk through the surrounding area. So you will have a clear idea of the level of infrastructure development. Estimation of the market value of the property necessarily includes such a check. Agree, if the nearest supermarket is located at a distance of 5-10 km, this should reduce the cost of housing.
Pay special attention to the ubiquitous grandmothers, who spend time on the benches at the entrance. They will best describe the advantages of the area and the house itself or vice versa, point out all the shortcomings. And at the same time you will learn almost everything about the seller of the apartment and future neighbors. Also, it is not superfluous to ask about the work of the housing office, the specifics of the heating season, possible outages of hot water or light, the last major repairs of the house and other issues of interest to you. Remember, assessing the market value of real estate is your concern!

Apartment Inspection

As mentioned earlier, the estimation of the market value of real estate can only take place in the sunlight, it will most fully show you the shortcomings of the future housing. And if the owner refuses, then it is worthwhile to ask: what can he hide?
Pay special attention to the ceiling of the future apartment. If it is freshly painted, do not rush to enjoy cosmetic repairs. Perhaps there is a roof in the house or neighbors from the top constantly forget about the closing of the water taps. Check the water pressure and the operation of the plumbing. Do not forget to check the wiring. Bring an electric kettle with you and boil water: if it boils for a very long time, it can mean regular voltage drops. Look at the walls. If they are too thin, this, firstly, indicates a poor sound insulation, and secondly, the possible cold and dampness. Look under the wallpaper: if you find a fungus there, it means that the room may have been empty for a long time or it is badly heated and not ventilated.

Help professionals

If you have done all these actions, but have not come to a decision as to whether the market valuation of the real estate value is correct, it is worth turning to professionals. Many ANs licensed for this type of activity, or private appraisers, will be happy to provide this service to you, naturally, for an appropriate fee.