Condominiums or apartment complexes are buildings consisting of many households living inside self-contained apartments, with a system of shared infrastructure facilities. The interior of the apartments can be fully furnished or unfurnished and homeowners can choose to decorate the house themselves. So how should the price be assessed?
Immediately refer to the apartment appraisal method below if you want to buy/sell an apartment. The price of an apartment depends on many different factors.
The price of the apartment depends on factors such as location, the reputation of the investor, legality, construction progress, quality of construction, available infrastructure, balcony direction, area, etc. time of purchase. Here is how to appraise the latest apartment price in 2023.
Should buy the apartment project with the most reasonable price but convenient for moving and commuting. This is something everyone is interested in when they want to buy an apartment. Therefore, you need to learn about how to calculate the price of housing and apartments to approximate the price of the apartment, thereby choosing the projects with the most competitive selling prices.
The best way to assess the price of an apartment is based on the following factors:
Location of the project
An apartment with a beautiful, prime location is often more expensive than projects located in an unfavorable location. A beautiful location in the inner city, on major streets, with a perfect surrounding infrastructure system, will be considered a golden position. In addition, the location factor is also a decisive factor in up to 50% of the success when the investor sells. Therefore, the selling price of apartments is also higher.
Investors reputation
Works built from reputable units will also be evaluated for higher quality. An investor with many years of experience in construction and construction will also bring great durability to their work. At the same time, we always find construction solutions to save time and ensure quality, so the price of apartment construction is the most reasonable.
Project progress
The construction progress of the apartment project depends on the capital and capacity of the investor. To be able to carry the suitcase into the house on time, ensuring the construction progress is extremely important. On the other hand, progress also affects the selling price. When the project is in the rough construction stage, about 20-50% when buying an apartment, you can own it at the original price. When the project is in the stage of rapid and stable construction, the selling price will be higher than the previous sale.
Available infrastructure
Location determines the infrastructure in the area where you live. Therefore, the experience of buying an apartment that you cannot ignore is to consider the infrastructure in the vicinity that you intend to buy.
Legal factors
Legal factors when buying an apartment are extremely important. Please choose apartment projects with clear purchase and sale contracts, which have been built crudely over 20%, located in areas with many apartments where people live. However, if you have enough financial conditions, you should choose the completed apartment building as the most suitable.
Work Quality
The purchase and sale contract clearly shows the quality of the work such as the type of materials used in the construction and finishing process. You should also consider the neighboring buildings with the investor to assess the quality of future works more accurately.
Location of the apartment in the apartment building
Apartment prices vary by floor. Apartments from floors 8-16 are always traded at a higher price than other floors. Apartment buildings on the highest and lowest floors will be relatively cheap, and corner apartments with 2 open sides will also have a high price.
Balcony direction
When buying an apartment, the factor that many people care about is the direction of the main door, the direction of the balcony, and the window ... must be suitable for the year of birth, by feng shui. Some people choose apartments with beautiful balconies, overlooking the park, garden, and lake… to enjoy the cool air in summer and warm in winter.
In terms of area
The selling price of apartments also increases according to the usable area. Apartments have different area designs with 1-3 bedrooms. Two-bedroom apartments with an area of 60-85m2 are the choice of many people. Apartments with an area of about 70m2 in the corner position with 2 open sides located on the 8, 9, 12, 16, and 18 floors will have a higher price.
PRESTIGE APARTMENT ASSESSMENT UNIT
Real estate appraisal service (apartment, apartment) is one of SunValues strengths. With an abundant price data warehouse and human resources with a high level of professional experience, SunValue will provide customers with a wide range of services. information about the value of real estate with high reliability for each appraisal purpose.
With more than 20 years of establishment and development, SunValue is proud to become one of the leading real estate appraisers in Vietnam, a strong brand in Asia 2020, and SunValue Brand with the desire to reach the world. pioneering technology application in valuation, helping to monitor real estate price fluctuations, completing price data, and supporting the development of Vietnam and international real estate markets. The system with 4 branches and more than 50 transaction offices nationwide, with 2 representative offices in the US, and Australia, ... provides valuation services such as business valuation, real estate appraisal, and project valuation. investment projects, resource valuation, real estate appraisal, etc., for investment, loan, business merger & acquisition, equitization, debt settlement, study abroad...
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