Anyone looking to sell their property in Switzerland faces a crucial question: How much is my house or flat really worth? A well-founded property valuation is the basis for a successful sale - at a price that will convince both buyer and seller.
What is the value of my property?
The property value describes the price that a property can achieve under normal market conditions. It serves as a guide for sellers, buyers, banks and insurance companies.
How can the value of a property be estimated?
The value of a property is not a fixed value, but the result of a careful analysis of various factors. There are various methods for determining the market value of a property. The most common are
a. Material value method
This method is often used for owner-occupied properties such as detached houses. It calculates the value on the basis of the restoration costs of the building fabric less a reduction in value due to age and wear and tear, plus the land value.
b. Income capitalisation method
This method is particularly relevant for investment properties such as apartment blocks or commercial properties. The value is derived from the future, sustainably achievable rental income.
c. Comparative value method
This is probably the most practice-orientated method, which we also focus on. Here, the value of your property is determined by comparing it with recently sold, similar properties in the same location. It reflects the current market most accurately.
d. Online estimates
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e. Appraiser or estate agent
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What is the „right“ offer price?
The right asking price is one that takes into account both the realistic market value and your sales targets. A price that is set too high will deter potential buyers, prolong the sales period and may ultimately lead to a lower sales price. A price that is too low, on the other hand, unnecessarily wastes potential. A professional valuation will help you to find the optimum balance.
What factors influence the property price?
The price of a property is a complex structure made up of a large number of influencing factors. The most important criteria are
a. Location
The location is the decisive price factor. This includes the macro-location (region, municipality) and the micro-location (district, immediate neighbourhood). Good public transport connections, proximity to schools, shopping facilities and local recreational areas significantly increase the value.
b. Condition of the property
The year of construction, the building fabric and general maintenance are essential. Regular renovations and energy-efficient refurbishments can have a positive impact on the value.
c. Size and layout
The living space and plot area as well as the room layout play a major role. A well thought-out floor plan and sufficient space for families are often sought-after features.
d. Special equipment features
A well-kept garden, a modern kitchen, a swimming pool or a lift can significantly increase the value.
What role does community development play?
In Switzerland, planned infrastructure projects, schools or a municipality's tax policy have a strong influence on property prices. A growing location also increases the value.
Online valuation or expert assessment?
a. Online assessment
Online calculator can provide an initial guide, but are often based on statistical averages and cannot take into account the individual characteristics of your property.
b. Expert assessment
One Personal inspection by an experienced property specialist is essential in order to determine the exact value in line with the market. Only an expert can correctly assess the actual condition of the building fabric, the special features and the current market trends on site.
When does a property valuation make sense?
A valuation is not only important when selling a property. It can also be useful in the following situations:
- In the case of inheritance divisions or divorces
- For taking out a mortgage
- To the asset overview
- For the assessment of refurbishment investments
Conclusion
A serious property valuation provides clarity and is the key to a successful house sale. Whether it's an online valuation or a personal consultation - we provide professional support to help you achieve the best possible sale price. Contact us today for a free initial consultation.
