What about the price of the used room?
The real estate evaluation agencies generally assess second-hand houses using such methods as market comparison, yield, cost etc. However, most evaluation agencies generally use market-based comparisons to assess housing where conditions exist。
The method of market comparison is to estimate the objectively reasonable price or value of the evaluated used house by comparing at least three or more market examples similar to those of the place, age, type of household, etc., with the assessed second-hand house, and then making appropriate amendments based on the price of the case。
Factors to amend the price include: the size of the area, the ease of transport, the environment of the small area, the landscape, the adequacy of the public support facilities, urban planning restrictions; the size of the house, its shape, the state of access, the state of the infrastructure, the level of the land level, the topography, the state of the geology, the planning and control conditions, the length of the land tenure; the degree of new or old housing, the renovation, facilities and equipment, the flat layout, the quality of the works, the structure of the building, the floor, the orientation, etc。
According to property professionals, the impact of the following factors is most critical in assessing the price of second-hand houses。
Primary factors, location, location. Second-hand houses in beijing are more expensive in the north than in the south and more expensive in the city than outside the city. The price of second-hand houses in the south and second-hand houses in the north can vary by more than $1,000/m2, and similarly the price of second-hand houses in the two-ring and third-ring can generate a difference of more than $1,000/m2。
The second factor is the age of use of the house and the management of the subdistrict and the accompanying facilities. The more houses are built, the more well-equipped the sub-districts, the more well managed and the higher the price. The difference in the price per square metre caused by the above factors can range from $500 to $2,000。
The third factor is the direction of the house. The beijingi purchasers are heading north to south, so the price of second-hand houses in the same building is different in size and direction, with a difference of around $200/m2. Similarly, in terms of housing structure, the price of households with reasonable accommodation can vary from approximately $100 to $200 per square metre to over-reliable housing。
The fourth factor is the degree of interior renovation of the house and others. The extent of interior fit-out and other factors have had a less obvious impact on prices, but have had some impact on the speed with which houses are sold. When renovated and easily accessible, houses are sold at a faster rate than those under the same conditions, but which are less accessible。
