Can you set your own housing price? In what ways?

Some ways When buying any property, the price is the first important thing, but the issue of real estate valuation is also essential. However, many customers are not too concerned, making buying and selling difficult and price inaccurate. So need to learn some important information on this issue before buying - selling any property, the following article will help you.

WHY IS NEED TO DETERMINE THE LAND PRICE BEFORE TRANSACTION?

Real estate valuation is simply a matter of how the seller will set his own price on how to sell at a good price, to be profitable and appropriate to the market. The buyer will be the one who will determine how to buy the property at the most reasonable price. Avoid buying higher or lower prices than the surrounding area at the time.

THESE VARIOUS LAND PRICE APPROACHES TODAY

Locate real estate

When self-assessing real estate prices, you should pay attention to the location of your home or land where you are located? is the street frontage, internal road surface, main alley, side alley ... Each of these locations will have different values. If real estate is located right on the front of the road, the business value is high, so the selling price will be high. Conversely, if the housing is located in an alley, the business value will be low, so the selling price will be lower.

In addition, feng shui factors also affect the price. If your real estate is located near the river and has cool space, this is considered a very good location for business development and real estate investment. That is why the buying - selling price will be much higher.

Refer to the housing price list

- Land price list by State: Is a collection of land prices for each type of land issued by the provincial Peoples Committee, based on the method of determining land prices and the land price bracket of land types. This land price list will be issued once every 5 years and published on January 1 of the first year.

- Land price list by market: is the price of land formed through the activities of the market, is the price agreed by the parties in transactions such as buying - selling, transferring, renting ... Normally, housing prices will be equal to the price on the land price list of the area set by the State and multiplied by between 3.8 and 4.5 times. This ratio has been calculated based on the difference between the state-regulated land price and the current market land price.

Determine current home status

Each type of house will have different values, so you need to identify your house as a class, a house or a villa ... What kind of land? Residential land, agricultural land or other land type. Construction period and home repair time to calculate real estate depreciation costs. Typically, the housing depreciation will range from 10 - 30% of the value of the real estate, but it also depends on the specific case to determine the exact depreciation level.

Real estate valuation with similar real estate

This is to find out housing prices in the surrounding area, you can survey or ask the people around that about similar properties in terms of area, location ... to know the specific price. This will give you useful information about the prices of real estate that many people pay today. If the real estate market in that area is hot, then you can push housing prices up 10% over the assessed value.

Real estate valuation for free online

This is the easiest and quickest way for you to find out the price of real estate that you are interested in. Because of the appearance of many online real estate valuation websites, you only need to sit down and visit these websites to be able to learn a lot of important information right away. These sites will provide specific land prices for each region such as province / city, district and very specific roads. There is also a sale / rental price map and a project price map.

These websites work well on both PCs and mobile phones. Therefore, it is very convenient for you, when you can find out anywhere and anytime you only need a wifi connection. However, the price here is not the most accurate, so you still need direct meetings to learn and make a final decision, avoiding the case of "hanging goats head selling dog meat".

Before deciding to buy - sell real estate or any real estate, you need to determine the price in advance to avoid being too high or too low compared to the market price. If you do not have experience, you should refer to real estate valuation information from professional units.

Indochina International Investment & Appraisal Joint Stock Company (INA) is a leading provider of prestigious valuation, real estate and investment advisory services in Ho Chi Minh City. With a team of well-trained professionals and many years of experience, we are proud to bring our customers the best service and perfect business solutions. Contribute an important part in helping businesses develop brands quickly and smoothly.

Indochina International Investment & Appraisal Joint Stock Company (INA)

• Address: 121 Nguyen Van Troi, Ward 12, Phu Nhuan District, Ho Chi Minh City
• Hotline: 0934 252 707 / Email: info@inavn.vn