How to Determine the Cost of an Apartment

The best estimate of the cost of housing, which you need to buy or sell, of course, can be a good real estate agency that has the necessary information about the sales of similar apartments. Large real estate firms have at their disposal as a mathematical assessment tool - a computer calculation in which you can set a large number of parameters when determining the cost of an apartment, and a sufficiently large experience of employees who are versed in the current state of the real estate market.

However, if you do not have additional funds to pay for the services of a real estate company, you can try to determine the cost of the apartment yourself.

What are the main criteria for determining the value of an apartment?

1. Let's start with the global within our beloved homeland (we will not mention the property abroad - this is the topic of a separate conversation). Of course, if you are going to move to another city, the cost of the apartment will be affected by the geographical location. Apartments in the central and southern part of our country are no more expensive than in the North (for example, real estate in Yaroslavl is somewhat more expensive than property in Arkhangelsk). Of course it is worth noting that the prohibitive prices for real estate in Moscow and St. Petersburg.
2. Location within the city - when calculating the price of an apartment it is important whether it is located in a sleeping area on the outskirts of the city or in the center, next to a busy highway or next to a beautiful park in which you can walk;
3. Area (the number of square meters) is one of the main parameters when estimating the cost of housing, very often when calculating the cost use the parameter: the price per square meter;
4. The proximity to the main infrastructure of the district (and the city as a whole, if it is small) - when the apartment is located in a house that is located at the very edge of the district (city) away from the school, kindergarten, district clinic or hospital, its cost should decrease somewhat With apartments in houses of a similar type close to infrastructure facilities;
5. The layout is not a very significant factor, however, the apartments, which are equivalent at first glance, can have different prices if in one of them, for example, the kitchen is smaller than in another;
6. Interior decoration is quite an important factor, since anyone knows how much repair of an apartment is now. In view of this, the apartment after major repairs will have a price significantly higher than that of a similar one, but without major repairs;
7. Type of the house - there are so-called Stalin (elite) houses (apartments in which are very high ceilings), "Khrushchev", "Ulyanovka", houses of individual construction - prices for apartments in each of the types of houses presented will , of course, differ;
8. The number of storeys is considered to be quite important. When the apartment is located on the first or last floors, its price will be clearly less than exactly the same apartment on other floors.

Moreover, the cost of housing can be influenced by such factors as: the availability of a telephone line, a dedicated Internet line, a balcony, a balcony, plastic windows and a metal entrance door.

The price of an apartment in an old house will not be affected by expensive repairs done in it. However, an apartment in a new building, in which repairs are made using modern materials, can significantly add to the price.

The choice of an apartment is a very important event, as you live there, so it's better to take a responsible approach to this event, spend more time, but find the apartment that will become a cozy and quiet nest for your family for many years to come.