Selling a flat? Make sure you get the valuation right

If you are moving to a new flat, you can do two things with your current one: sell it or rent it out. Both options have their advantages, but let us assume you have chosen the first. If so, make sure the valuation of your flat works in your favour.

Check the prices of other flats

This is the first thing you should do when planning to sell a flat. When setting its price, look around at the available listings. Check what the prices are, taking into account not only the floor area but also the number of rooms, whether there is a balcony and so on. This is important because, with a similar floor area, flats with more rooms often achieve a higher price per square metre.

Consult an estate agency

Before finally setting the price, it is worth finding an estate agency with a good reputation. Opinions obtained from this source are valuable because the agents will tell you how far given prices actually translate into sales in a particular area, and whether you can afford to raise the amount you originally planned without risking a delay in the sale.

READ ALSO – HOW TO FURNISH A FLAT IN A MODERN STYLE?

Freshen up the flat

When selling a residential property, it is always worth freshening it up. Admittedly, this takes time and involves some costs, but the flat looks more attractive as a result – and will therefore find a buyer much faster.

If an estate agency is helping us with the sale, it is also worth asking for its suggestions here. It may turn out that certain design solutions are currently in fashion, and introducing them during the renovation may help you obtain a better valuation.