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Determining the listing price of a property

Category News

Determining the listing price of a property involves considering various factors. Here are some key considerations:

Property Type: -

  • The type of property, such as a house, apartment, townhouse, or vacant land, significantly impacts its listing price.

Location: -

  • Properties in areas like Pretoria, Johannesburg, Sandton, and Centurion have different price ranges due to factors like proximity to amenities, schools, and transportation.
  • Coastal properties with a sea view have more appeal and therefore price higher.

Number of bedrooms: -

  • The number of bedrooms affects the listing price, with properties having more bedrooms typically being more expensive.

Size: -

  • The property's size, measured in square meters, influences its listing price.

Marke Trends: -

  • Keeping an eye on current market trends and sales data can help determine a competitive listing price.

Comparable Sales: -

  • Researching recent sales of similar properties in the same area can provide valuable insights.

Estate Agent Guidance: -

Consulting with professional estate agents who are familiar with the market conditions can provide expert guidance.

Please email Monique Cosgrave @ info@lifestylepg.co.za if you would like to get a property valuation on your home.

After all, ....... it's a Lifestyle.

 

 

Author: Frans van Staden

Submitted 03 Nov 24 / Views 167