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

Shwapnoneer

Shwapnoneer

 Mirpur 10, Dhaka

beds 2 | baths 2 | 750 sqft

৳ 32.70 Lac/total
mehroma tower

mehroma tower

 Shewrapara, Dhaka

beds 3 | baths 3 | 1075 sqft

23,000 /per month
Chuti Group Hotel Share Sale !(Harmony)! 6 Lac !

Chuti Group Hotel Share Sale !(Harmony)! 6 Lac !

 Purbachal, Dhaka

| 15 sqft

Call for price
Sheba Ismail Heights

Sheba Ismail Heights

 Aftab Nagar, Dhaka

beds 3 | baths 3 | 1460 sqft

Call for price
Detech south breeze

Detech south breeze

 Mohammadpur, Dhaka

beds 3 | baths 4 | 1400 sqft

৳ 75.00 Lac/total
Bastu Shaily Mukulika

Bastu Shaily Mukulika

 Dhanmondi, Dhaka

beds 3 | baths 3 | 1235 sqft

Call for price
100 Bigha Farm Land and 24.5 Bugha Pond For Sell in Rajshahi Godagari

100 Bigha Farm Land and 24.5 Bugha Pond For Sell in Rajshahi Godagari

 Sagor Para, Rajshahi

| 2480 katha

৳ 14.88 Cr./total
Mango garden

Mango garden

 Mithapukur, Rangpur

| 100 katha

Call for price
Portico Proyash

Portico Proyash

 Agargaon, Dhaka

beds 3 | baths 3 | 1240 sqft

Call for price
Golpokabbo

Golpokabbo

 Uttara, Dhaka

beds 3 | baths 3 | 1370 sqft

৳ 82.20 Lac/total
Las Collinas, Diamond Holding's Limited

Las Collinas, Diamond Holding's Limited

 Khulshi, Chittagong

beds 3 | baths 3 | 2100 sqft

Call for price
Somerset Dream Square

Somerset Dream Square

 Mirpur 13, Dhaka

beds 3 | baths 4 | 1366 sqft

Call for price
Gumti Properties Ltd.

Gumti Properties Ltd.

 Purbachal, Dhaka

| 5 katha

৳ 55.00 Lac/total
Ready Flat Sale @ Baridhara Diplomatic Zone

Ready Flat Sale @ Baridhara Diplomatic Zone

 Baridhara, Dhaka

beds 4 | baths 5 | 3840 sqft

Call for price
Khansons Center

Khansons Center

 Kawran Bazar, Dhaka

| 2250 sqft

0 /per month

Latest Comments

  • Sujit Debnath
    bdhousing on January August 14th 2020 01:47:40
  • bdhousing on January January 4th 2020 17:33:35
  • bdhousing on January December 9th 2021 23:39:21
  • SM Enayet Mahmood
    bdhousing on January November 10th 2017 23:21:03

Find Us on Facebook