Toggle navigation SEARCH FOR PROPERTY

Real Estate News

bdHousing
23rd
Sep

Have you ever wondered why two, seemingly, similar houses, are listed on the market, for sale, and while one, sells quickly and at a desirable price, the other one receives few (or no) quality offers, and sits unsold, for a significant period of time? As the largest Real Estate Marketplace in Dhaka. we have learned to appreciate, every situation is somewhat different/ unique, and therefore, factors such as pricing, location, house style, home features, the condition, the localized real estate market, and competition, must be factored in, and considered. This article will briefly examine 6 variables, which might impact a flat's selling price.

Variables that Impact a Flat's Selling Price

1. Location: There is an adage in real estate, Location, location, location! What are the strengths and weaknesses, in terms of where a specific house is situated, in general, specific and localized terms? Some factors to address might include: Is the house mid - block, what kind of view, etc? Any safety issues/ concerns, specific schools, localized traffic and access, what other houses on the block look like, and, the access route, others take to get to the apartment.

2. Style: Certain styles of houses generally garner a better price, than others! There are exceptions, and a clever, experienced, real estate professional, can advise his client, how the style, might be a factor to consider!

 

3. Features: Some of the relevant features may include: curb appeal, first impressions, updating, floors, flow, appliances, improvements, modernization, and so forth.

4. Condition: Not every flat is in the same condition. How does your compare? Is it neat and clean, well - maintained, inside and out, freshly painted, attractive floors, and more?

5. Type of market: What type of real estate market, is your area presently experiencing? Is it a buyers market, where more people are seeking new homes than selling; a seller market (more buyers than sellers), or a neutral/ balanced one?

6. Competition: How many other, similar houses, are presently listed on the real estate market? How does yours compare to theirs? Is your house properly positioned, based on the competition, in terms of factors, such as listing price; staging possibilities/ needs, etc?

Flat sellers should seek out a quality, effective, real estate professional, to represent them, and best prepare their homes for sale. Keep in mind these 6 variables, so you can be somewhat more practical and realistic, in regard to being flexible and best position, your apartment.

1 comments
  • Enayet
    bdhousing on January July 28th 2017 22:31:17

    Nicely written. Cheers to the content writer

add comment




Submit

News

bdhousing.com brings you all latest realestate news & updates of Bangladesh. Subscribe us for instant notifications

Recently Added

Amble Firoj De Lodge

Amble Firoj De Lodge

 Aftab Nagar, Dhaka

beds 3 | baths 3 | 1987 sqft

Call for price
Khan Palace

Khan Palace

 Shahporan , Sylhet

beds 3 | baths 2 | 1300 sqft

৳ 65.00 Lac/total
5 Katha,Block -M, Plot Sale Bashundhara R/A

5 Katha,Block -M, Plot Sale Bashundhara R/A

 Bashundhara R/A, Dhaka

| 5 katha

৳ 4.35 Cr./total
Eastern lakeside apartment

Eastern lakeside apartment

 Dhanmondi, Dhaka

beds 4 | baths 4 | 2500 sqft

70,000 /per month
Pinaki North Ridge Heights

Pinaki North Ridge Heights

 Uttara, Dhaka

beds 3 | baths 3 | 1100 sqft

Call for price
Assort Muksud Garden

Assort Muksud Garden

 West Dhanmondi, Dhaka

beds 3 | baths 3 | 1400 sqft

৳ 1.25 Cr./total
Anchor Real Estate Limited.

Anchor Real Estate Limited.

 Jolshiri Abason, Dhaka

beds 4 | baths 4 | 2090 sqft

৳ 1.67 Cr./total
Wonderland Amusement Park Restaurant

Wonderland Amusement Park Restaurant

 Madani Avenue, Dhaka

| 2500 sqft

2.50 Lac/per month
RH Home Center

RH Home Center

 Dhanmondi, Dhaka

beds 2 | baths 2 | 931 sqft

৳ 82.86 Lac/total
Dreamway Lake Escape

Dreamway Lake Escape

 Bashundhara R/A, Dhaka

beds 4 | baths 4 | 2050 sqft

৳ 1.05 Cr./total
MARC Chondroprobha

MARC Chondroprobha

 Bashundhara R/A, Dhaka

beds 4 | baths 4 | 2350 sqft

Call for price
MARC Kabir Tower

MARC Kabir Tower

 Bashundhara R/A, Dhaka

beds 4 | baths 4 | 2350 sqft

Call for price
Amader Sky View

Amader Sky View

 Mohammadpur, Dhaka

beds 3 | baths 3 | 1325 sqft

Call for price
P.P

P.P

 Agargaon, Dhaka

beds 3 | baths 2 | 1200 sqft

Call for price
Portico Proyash

Portico Proyash

 Agargaon, Dhaka

beds 3 | baths 3 | 1240 sqft

Call for price

Latest Comments

  • bdhousing on January September 24th 2022 10:50:22
  • শাহ আলম হাওলাদার পিতা নজরুল হাওলাদার
    bdhousing on January December 8th 2024 04:31:14
  • Sopnerbari
    bdhousing on January November 21st 2023 11:11:40
  • Sujit Debnath
    bdhousing on January August 14th 2020 01:47:40

Find Us on Facebook