In times of high demand on the real estate market, the purchase decision is subject to a certain time pressure. When choosing a property such as bangsar south house for sale, it is all the more important to carefully and structurally examine every offer that comes into question for you. You should first check the price, the location and the provider and compare the offer with your personal priority list.
Compare the offer price of the property
The first question that arises about the price of the offer is whether it fits your budget. When selecting an offer, first check whether there are any additional costs in addition to the purchase price advertised. These can be costs for the broker’s commission or costs for equipment such as a parking space. In the case of existing apartments, you will usually also find the house allowance. In the case of new and existing properties, you will also find information on the energy requirement in the offer description, which gives you an indication of the monthly ancillary costs to be expected.
Both costs have an impact on your monthly resilience through the bank loan and thus also on the purchase price that you can afford. You can determine the maximum purchase price that you should consider when choosing your property here:
If the condominium or house is in your budget, you should develop a feel for the price level of comparable property. The first clue is the typical square meter prices in the area, which real estate portals such as house for rent bangsar south show on the details page of the offer as follows:
Choosing the right offer is a key moment when buying a property. Read here which tips and advice you should pay attention to when looking into a condo for sale bangsar south.
This sample property is in the upper third of the price range of comparable properties in the area, which can be justified by the year of construction, equipment or location. The price atlas for apartments and houses gives you an indication of the price level of the location . You can use the price atlas to see the prices per square meter in the immediate vicinity. In order to also take into account factors such as year of construction and equipment, now look for specific comparison objects that have similar framework conditions. You should pay particular attention to the following framework conditions, which significantly describe the price of the property:
- Living space
- Construction year
- number of rooms
- Garden / terrace / balcony
Assess the location of the property. Buying or renting has its pros and cons and, to decide which option is best for you, you need to analyse all the details of both options in relation to your current conditions and objectives.
If you are interested in this content, you can click here for more.