There is a lot of money involved in buying and selling home ownership. As a seller, you want to sell your property at the best possible price. But how much is the house worth, for what price can the apartment be sold and what are the current property prices? Real estate valuation is an expert matter. If you do your own valuation, there is a risk of overestimating the market value. A price that is set too high can scare prospective buyers and the property becomes a shop keeper. If the sales price was too low, you as a seller would give away money. Professional real estate valuation offers you many advantages:
- Every property is different and the respective market price depends on many different factors. Only those who are familiar with the local property market can correctly assess the value of the property.
- In rural areas in particular, there are often only a few transactions that can be used to derive the value of a property. In addition to market knowledge, experience and expertise in the different valuation methods are required.
- Owners often overestimate the market value of their property because they are emotionally connected to their property. Self-assessment therefore rarely comes to an objective result.
- The real estate market is constantly changing and real estate prices in Switzerland are changing. Increases or losses in value can only be determined by an estimate.
Commercial Value Equals Market Value
When estimating a property, the commercial value is determined, regardless of the procedure. This is the market value, i.e. the price for which you can probably sell your house or apartment with an accuracy of plus or minus 10 percent. There is no right price because every property is ultimately worth as much as the buyer wants to pay for it. Real estate prices are a matter of negotiation. With a property valuation in hand, you know how much is appropriate and for how much you can advertise your property.