PRICE ASSESSMENT NEEDED BEFORE REAL ESTATE PURCHASE, TRANSFER, OR SUBJECTS OF REAL ESTATE

Real estate valuation is understood as the evaluation or reassessment of the value of Real Estate in accordance with the market at a certain place, time in accordance with Vietnamese standards or international practice. Real estate price appraisal methods mainly include comparison method, cost method, discount ... For real estate in big cities such as Hanoi, Ho Chi Minh City, real estate market Very bustling, people can ask real estate brokerage centers to evaluate their real estate households, they often apply the comparison method (which is a popular method in real estate valuation). This valuation is usually relatively accurate and not legal. Valuation in provinces and towns is more difficult when real estate properties are not for sale.

Sometimes, the appraisal of real estate prices of customers for the purpose of borrowing money, mortgaging, contributing capital, buying, selling, transferring, then the valuation certificate has legal validity will help customers refer and give. Get the exact real estate value at the time of appraisal.
On the market there are many companies providing real estate appraisal services with a team of good appraisers who are properly trained at major universities in Vietnam and abroad. Plus, the current reasonable price appraisal fee of appraisal companies probably does not account for 1% of the value of the clients assessed asset.
For some reason, you cannot personally turn to real estate appraisal companies, the steps below will help you to value the Real Estate you own.

SOME REFERENCE STEPS FOR YOUR SELF VALUATION OF YOUR REAL ESTATE.
When doing your own self-assessment, first of all you need to pay attention to your home location: the street frontage, internal road surface, main alley or side alley. If the house is located on the street frontage, it has high business value, so the selling price will also be higher than the type of alley house.
You need to classify the status of your house: level 4, level 3, level 2, level 1, villa, or high-class villa ... for accurate valuation, but must be calculated from the time of building and repairing the house. to deduct depreciation.
Regarding land prices: you can refer to the land price list on roads issued by the City and consult the market price surveyed by banks, real estate companies.

Next, you should look up information about real estate on the mass media, exchanges or free sale news sites ... similarities with our house such as area, road axis, area ... have been or are conducting transactions to have a basis for comparison.
After you have gathered a lot of useful information, now is the time to review, compare all the information and set a reasonable price for your home.