5 tips to determine the asking price
Selling your own house is a major event. You can see it as the end of an era in your life, often accompanied by a lot of emotions. Additionally, there are many things you need to arrange for the sale of your property. One of those things is determining the right asking price. It shouldn't be too high, but also not too low. In this article, we give you 5 tips for determining the best asking price.
Below you will read 5 tips to arrive at the best asking price. Have little time? Or do you want a quick indication of the value of your house? Then make use of our free valuation. Fill in your name, address, and email address on the form and receive a valuation report in your mailbox within 1 minute, including a handy overview of recent selling prices of comparable properties in your area.
What is the value of my house?
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- Tip 1: check the asking prices of comparable properties in the area
- Tip 2: view the selling prices of comparable properties in the area
- Tip 3: check the average asking price per m2 in your town
- Tip 4: have your property appraised by an appraiser
- Tip 5: request a (free) valuation from multiple real estate agents
Tip 1: check the asking prices of comparable properties in the area
On funda.nl you can easily research the asking prices of comparable houses near you. Filter within this house search engine for houses for sale near you, and specify as many details as possible. Maintain the same number of square meters and check if the location, type of property, and condition of the property are comparable to your house. Have you found a few properties that can be compared to your house for sale? Compare the asking prices and you will know in which direction you can set the asking price.
Tip 2: view the selling prices of comparable properties in the area
You now have an idea of the asking prices of comparable properties near you. But what you don't know yet is the price these properties eventually sold for. Have they been overbid by tens of thousands of euros, were the properties sold for the asking price, or are they still for sale (perhaps due to a too high asking price)? At the Land Registry, you can view the purchase prices of the properties. Make use of this, as it provides good insights for determining the right asking price.
Extra Tip: if you request a free valuation from us, you will not only receive an estimate of your property value. You will also receive an overview of the recent selling prices of comparable properties in your area. If the property is still on Funda, you can find out the asking price and estimate how much was overbid.
Tip 3: check the average asking price per m2 in your town
Another way to easily calculate a good asking price is by considering the average price per m2 of your town. At Mijn Verkoopmakelaar, we keep track of the average square meter prices in the Netherlands for you. On average, you pay € 3,922 per m2 in the Netherlands. Below you can read all about the different square meter prices in various Dutch cities. Is your town not listed? In the descriptions of the houses for sale on funda.nl you can also read what the square meter prices are. You can also use these as a starting point.
Tip 4: have your property appraised by an appraiser
You can also have your property appraised by an appraiser. There are two types of appraisals possible: a validated appraisal and a non-validated appraisal. A validated appraisal report gives you insight into the property value and is also valid for applying for a mortgage. The buyer of your property can, therefore, use this for a potential mortgage application. A non-validated appraisal gives you as a seller insight into what your property is worth. This report cannot be used for a mortgage application. You always pay for an appraisal report, but a non-validated appraisal is often cheaper. For more information about the costs, contact an appraiser from an independent party.
Tip 5: request a (free) valuation from multiple real estate agents
Finally, a real estate agent can also help you determine the right asking price. Real estate agents know the housing market (in your area) like no other and have years of experience. They know exactly for how much money comparable houses are for sale and for how much they are sold. They also know which features of a house are popular and which factors you need to consider when determining the asking price. Therefore, it is wise to sit down with a real estate agent and establish the right asking price for your property.
Request a free valuation of your house from one or more real estate agents. Haven't found a sales agent yet? On Mijn Verkoopmakelaar, you can easily find the best real estate agents near you. Receive proposals from real estate agencies in your city and compare the offers with each other.
Want to know how Mijn Verkoopmakelaar works?
Then make use of our free valuation. You will receive your valuation report within 1 minute in your mailbox, including a handy overview of selling prices of comparable properties in your area. Check the option ‘Update value increase’ on the form to receive an update every 2 months about the current value of your property. Handy to determine the ideal moment - and the best asking price - for selling your house!
What is the value of my house?
Extra Tip: Another option for a quick indication is to check the WOZ value of your property at the WOZ-waardeloket. Be aware that the WOZ value of your property is almost always lower than the appraisal value.
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