Treviso apartments for sale – This is how real estate valuation works

How to asses a property: the objective formula

The theoretical market value of a property can be calculated with an objective formula. It is necessary to multiply the commercial area by the quotation per square meter, calibrating the result obtained by some evaluation coefficients.

The result, however, may still be far from the actual market value, because many subjective factors come into play, in some cases even difficult to interpret. For this reason, when dealing with the sale of Treviso apartments, it is essential to rely on a real estate agency with proven professionalism.

Let's now analyze the formula indicated: what does commercial surface mean? It should not be confused with the walkable surface, because it is the sum of the latter plus the surface corresponding to the perimeter walls (approximately 5% of the walkable surface), plus any other uncovered surfaces (terraces, balconies, gardens) or appliances (cellar, parking space), calculated for 30/35% of their square footage.

A practical example: a house with a floor area of 100 square meters, with a balcony of 6 square meters and a cellar of 6 square meters, will have a commercial area of 109 square meters (100 square meters of floor space + 5 square meters of perimeter walls + 4 square meters of other appliances).

Once the marketable area has been identified, it must be multiplied with the price per square meter, i.e. the value attributed by the market to one square meter of the property. This value varies considerably from area to area, and even within the same city the parameters are very different. The properties in Treviso historic center, or in elegant residential districts provided by all services, will obviously have higher values per square meter.

Then there are a whole series of coefficients useful to reposition the evaluation according to the state of the properties. For example, depending on the floor (basement or ground floor without garden are at a disadvantage compared to higher floors with a lift); according to the age and condition of the building; the state of conservation of the property; to its exposure and brightness; its energy class (a criterion that will be increasingly important in the future); to the heating system (autonomous is favored); in the presence of any leases.

The result of this calculation, however, should not be taken at face value. As anticipated, the advice of a competent Engel & Völkers Treviso real estate agency can help you identify a price consistent with the real estate market.

Treviso apartments for sale: the real estate market

The value of a property is strongly influenced by market trends, but it always remains an investment that will prove to be profitable in the medium-long term.

This is due to the high quality of life of the capital of the Marca Trevigiana, but also to the effect of the recent superbonus 110% introduced by the Relaunch decree, thanks to which the renovation of a house to improve its energy class can be covered up to 110% ( or 100% with the transfer of credit) from the incentives.

Particularly attractive, in this period, are the houses in low energy class (E, F or G). Moreover, today's market also in Treviso continues to push for independent houses with outdoor spaces. As we have seen in this article, this particular type of houses has become indispensable.

The most sought after areas remain the city center and the surrounding walls, where the price per square meter doubles or triples compared to the suburbs. Excellent performance of the two-room apartments for sale in Treviso: among the most attractive categories in this period.

In short, for those who are ready to sell properties, real estate valuation is a topic that should not be underestimated. From this point of view, the support of a competent agency could be the solution to your problems.