May 25, 2024

What are the Elements that Determine the Housing Sales Value?

People who are considering buying a house for investment or residence, before making a choice, from the location of the building to the transportation opportunities; The company that realizes the project should investigate many issues from information to the social facilities of the flat. These factors, which determine the real value of the house you are considering, are of vital importance.

Here are the most important factors that determine the sales value of a house!

Location

The house you intend to buy is located in a central location; Being close to schools, health institutions, shopping centers and public transportation vehicles will increase the sales value of the house. Apart from this, whether the district and neighborhood where the flat is located are calm or not also directly affects the sales value of the house.

Physical Properties

Some of the physical features of the house you will buy are among the factors that determine the sales value of the real estate. Factors such as the age of the building, its façade, its size, the floor on which the flat is located, the number of rooms, bathrooms and balconies, heating facilities, sheathing status, whether there is an elevator, the availability of sunlight, compliance with earthquake regulations and the view directly affect the sales value of a house.

In addition, the completeness of some legal procedures of the house to be purchased affects the sales value of the house.

E.g; Having a floor easement in the title deed of the house makes a positive contribution to the sales value of the house. Floor easement means the land title deed for the share of the flat that you intend to buy on the land that will be built or under construction. If you are planning to buy a house using a housing loan, a floor servitude is required.

Social Facilities

Whether the house you are considering to buy has facilities such as social facilities, playground, gym, pool and parking also plays an important role in determining the price of the house.

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