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Knowing the assets of your property

You have decided to sell your property, that's it! However, before asking yourself how to put it up for sale, the important thing is to know your true value in order to make a successful sale. Find out here what you need to do before you publish your ad. 

1. Know your market

In Luxembourg, the real estate market is changing very fast. The construction of new housing, the development of new neighbourhoods and the extension of transport networks have a direct impact on prices, thus the progress slows down on the territory.

Before considering selling your property, it is important to have an idea of its updated price. The best way is to do a quick and free online estimate.

2. Specify and justify its price

To further clarify the value of your property, you then need to know what price range it falls into. Here are some examples of questions to ask yourself:

  • Is my property new or old?
  • Is it quiet or noisy?
  • Is it well connected to transport, or rather isolated?
  • Is it more often dark or sunny?
  • Is it on a high floor or ground floor? What is its energy class?

All these indications will enable you torefine your price range, and position your property accurately on the local market. Do not hesitate to consult the list of properties available for purchase in your municipality (by doing a search at this link). This will allow you to compare their prices to the one you have in mind.

What are the property prices at the moment?

Prices are slowing down. Interest rates are rising. What are the trends for the coming months?
Read the analysis

3. Be confident in your price

A property at the right price will always find the right buyer. The best way to sell your property quickly and without unpleasant surprises is tobe convinced that you are selling it at the right price.

Write down all your arguments to justify your price. Build your sales pitch around these arguments, and make it your own by repeating it several times. This will enable you to justify your price easily to potential buyers.

And if you want to sell as quickly and at the best price, you can also compare 3 agency estimates free of charge.

✅ My checklist:

Once you have 100% mastered the assets of your property, a question arises... Do you need to carry out works? 

atHome

Written by

atHome

Posted on

24 November 2021

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