December 24th, 2021

The importance of establishing a correct sale price for your house

Before selling your home on the Costa Brava, it is essential that you have the most important information in your possession: the sale price of your house.

Wim Verhoef
Wim Verhoef Marketing Director

What is a property valuation?

The continuous changes in the real estate market directly influence the value and the final price of properties. That is why, whenever an owner decides to sell or donate a home, an appraisal is essential.

But, what is a real estate appraisal?

It is a report that analyses and examines the sale price of a house taking into account a series of parameters, such as location, surface area and state of conservation.

Why is it important to know the sale price of your house before selling it?

Having a property valuation carried out by professionals, before marketing a home, has many advantages for the owner:

  • Check of the constructive situation of the house.

  • Avoid possible discrepancies with stakeholders. 

  • Transmits transparency to the buyer. 

  • Reduces the lead times of the sales process.

  • Knowing that your property is being sold at a fair price provides peace of mind. The  possibilities of a selling the property are realistic.

  • It differentiates you from the other properties published with too high prices.

Knowing the correct market price of a house can prevent you from pricing your home too high or too low, and therefore avoid the following situations:

A house priced too high

  • It will generate rejection to potential buyers.

  • Sales opportunities will be less.

  • The property will be stuck on the market.

  • You will be giving more visibility and creating more interest in the homes of other sellers.

  • You will generate interest in houses similar to yours that are priced lower.

  • Finally the seller will decide to lower the price. But until this moment the seller will have lost several sales opportunities.

A house priced too low

On the contrary, a house with a price that is too low will mean that the owner does not obtain the possible benefit with the transaction.

We establish the correct value of your house on the Costa Brava

One of the services that we offer in our real estate agency in Calonge is property appraisal. The purpose? Knowing the real value of the home before starting to market it, so that the owner can not only sell it as soon as possible, but also obtain the highest profitability with the transaction.

At Porfinca we are accredited to carry out official real estate appraisals. We are knowledgeable about the local market of the Costa Brava and we have qualified professionals for it.

Request a real estate appraisal for your home and we will deliver an official report in the language of your preference.

We guarantee a correct sale price for both buyer and owner!