The importance of real estate market research

If you are currently thinking of buying or even selling a house, you should know that being informed about the furniture market and its trends will make the whole process much easier.

Knowing the sale prices of houses in the area you want to buy and/or sell helps both parties - seller and buyer - to be aware of the most important developments and avoids worry and pressure over unequal values. Of course, it also prevents you from being misled about values.

There are locations where the market offer is quite extensive, so it's important to gather as much information as you can about house prices, recent transactions in a given area or values in the place where the property to be valued is located.

You can never have too much information. It's in your best interest, so the more informed you are about the subject, the better for you and your business.

If necessary, we recommend that you call in a real estate professional to help you evaluate your property. If you want to put your home up for sale, the professional will help you by carrying out a market study, with the aim of finding the right and fair market value for your property.

If you want to do some detailed research yourself, find out if the area is in high demand, because this factor can influence the purchase price and even the future profitability of the investment.

Understand what the growth prospects are, for example, if there are any infrastructure projects in the area that could increase the value of the property in the medium or long term. This factor can be very important for the future.

Urbibarra - Promotor Imobiliário has apartments and villas available, and always supports all clients during the buying process, making it easier for those who only have to worry about choosing the best place to spend the next few years of their lives, with the comfort and quality that our homes offer.