How actions decided by yourself as well as urbanism work to revalue your property?
Do you want to increase the market value of your real estate product? Let's go, choose our real estate appraiser in order to estimate its price. By the way, if after the first valuation, you make improvements to the apartment, you can introduce them and find out its new price
What actions can you decide to undertake to revalue your property?
Here we present four options:
Apply home staging: it allows you not to spend a lot and at the same time it is very effective. Its crucial if you want to attract the maximum number of applicants.
Renovate your real estate product: it is more expensive than choosing home staging, on the other hand, the revaluation can be up to 25%.
Think about keeping the pool clean all year round: being able to swim in the common area multiplies the value of the real estate product -and offers the possibility of cooling off in summer-.
Bet on landscaping: Who doesn't like a well-kept garden? What if we up the ante and hire a professional to add an artistic touch? We are talking about landscapers. These actions can be carried out in private spaces or in common areas (always with owners' community permission ) revalues the house up to 8%.
Is it necessary to check thoroughly the state of our real estate product before the visit of the applicants?
Yes, it is essential to do so for three reasons:
First of all, quoting Oscar Wilde: "you never get a second chance to make a first impression". Therefore, avoid: untidy objects, a dirty house, unmade beds, chipping paint, doors in bad condition, etc.
Secondly, it potentially lays the foundations of a fruitful negotiation.
Bare in mind that review is a job: you are the first person interested in making the marketing process a success.
The role of town planning in the revaluation of your real estate product
It is a fact that the decisions of politicians and the execution of its by urban planners have a decisive impact on the physiognomy of our cities. Apart from our work, how the city is redefined influences the evolution of the value of real estate products on the market.
What do we understand by urban planning: "Science that deals with the planning and development of the city, to achieve (...) roads, buildings, public facilities, and private housing (...) are comfortable, healthy and pleasant places."
Source: www.arqhys-com
The above definition makes clear:
- The function of urbanism is: to rethink, reconfigure or maintain a city.
- As quality of life is a core objective of good urbanism.
The first point helps - or not - to make our real estate product more desirable, while the second ties in with concepts such as "smart city" or environmental sustainability.
Urban planning footprint of through different actions that revalue your real estate product:
a) Planning and executing a good transportation network: it makes our real estate product location "strategic".
b) Creating green areas from scratch and preserving existing natural environments: these mean less pollution, a mitigation of stress and a decrease in temperature.
The three explained attributes translate into more quality of life and, naturally, a revaluation. The value of the natural environment, as it is not always easy to monetize, is debated. In Barcelona, however, we know that being on the edge of the sea and at the same time having Tibidabo and Collserola is wordly appreciated.
c) Facilities linked to knowledge or high-tech companies: we are talking about economic activity hubs. In Barcelona, the 22@ district is an excellent example. In addition, on January 12, 2023, the "Ciutadella del coneixement" was announced for 2027.
In areas like these are concentrated: qualified people, with a brand new employment contract and often in need of housing. Therefore, having a real estate product is a dream for anyone.
d) Shopping centers: shopping close to home is priceless. Not to mention, if in the same shopping center there are large cinemas or sports centers, life is better and the area is more attractive.
e) Safe areas: those where there is a police station nearby or where the crime rate is quite low.
f) Living near a stadium, basketball court or Olympic village: these infrastructures are intended to be an emblem. To this desire, we must add that the communication is excellent (there is no sense in a sports facility empty). Finally, around them, it is customary to build higher quality housing than in the rest of the city.
Olympic villages such as ours, which was the first to be adapted for people with reduced mobility, are also linked to sport.
g) To live in a tourist city: taking advantage of the 1992 Olympic Games momentum, Barcelona is one of the most visited cities in Europe. It is a fact that this increases the price of housing.
With all that we have discribed you can work from now on in the revaluation of yours: apartment, local, office, villa or terrain. Our real Estate Agents' are at your disposal for any questions.