The 10 key factors affecting housing prices in the housing assessment are as follows:
1. Region and location
These include accessibility (e. G. Near subways, bus hubs), peripheral facilities (e. G. Schools, hospitals, malls, parks), regional levels of economic development, etc. Housing prices are usually higher in core areas or in well-equipped areas。
2. Housing size and type of household
The size of the area directly affects the price, subject to a combination of household reasonableness. The family size of square, permeable and functional subdivisions is more popular, with high space utilization and higher value for houses。
3. Architectural age and renewal
New or relatively new houses, advanced construction processes, low-facility and high-facility facilities, usually of higher value, may be subject to discounts due to ageing structures and outdated facilities。
4. Floor and direction
On the floor, the open and bright floor (e. G. The middle floor) is more expensive in high-level dwellings, and the top and bottom floors may be subject to discounts due to leaks, damp, etc. On the directional side, houses to the south or east are well purified, preferred and relatively expensive。
5. Renovation and internal facilities
The cost of renovation is usually higher because the purchaser does not need to invest extra in renovation costs, compared to the gross or condensed. At the same time, improvements in cooking facilities and household appliances can affect value。
6. Level of property management
Professional, regulated property management teams are able to maintain the state of the district environment, facilities and equipment, improve residential comfort and preserve value added, and have a positive impact on housing prices。
7. Greening and community environment
The small areas are greened by large houses with a beautiful landscape and a quiet environment, which are preferred by buyers and may be assessed at a higher price than the less environmentally friendly dwellings of their kind。
8. Property rights status
Property rights are clear and non-controversial, with a higher value to be assessed; the existence of property rights restrictions (e. G. Policy terms for the transfer of housing, payment of credits for the transfer of land, etc.) may affect prices。
9. Peripheral planning and development prospects
If there are clear planned developments in the housing area (e. G. New transport routes, business centres, schools, etc.), there is a high potential for future value addition, and prices may increase accordingly。
10. Market supply-demand nexus
The supply and demand situation in the local real estate market has had a significant impact on housing prices. Housing prices may fall when supply exceeds demand; when supply is short of demand, house prices may rise and assessments need to be combined with current market conditions。
