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Do you want to know what your house is worth? You can calculate the property value in different ways. For a quick indication, you can best request a free value report from Mijn Verkoopmakelaar. You will receive this report within 1 minute in your email, including an overview of recent sales revenues of comparable homes in your neighborhood.
Request a free valuation: how it works
Below you can read how to request the free value report from us. It is very simple and done within 1 minute.
Step 1: Fill in the form (1 minute)
Click the button and fill in your name, address, and email address on the form. Indicate if you want to receive a bi-monthly (free) update on the current value of your house. Then click on 'Calculate the value'.
Step 2: We retrieve the available data about your property
Based on your address, we retrieve all available data about your property. Think of: the type of property, the living area, the number of rooms, the year of construction, and the energy label.
Additionally, we investigate which comparable homes have been sold in your neighborhood in the recent period and for what sale price. Based on this information, we calculate the value of your property.
Step 3: You receive your property value report in your email
After filling out the form, you will immediately receive an email with your value report. In this document, you will find:
- The calculated property value of your home (estimate)
- An overview of the sale prices of comparable homes in your neighborhood over the past period (sales price overview)
Did you check 'Value increase update'? Then you will receive an update on the current value of your property every 2 months.
Calculate your property value for free (within 1 minute)
Receive clarity about the value of your house within 1 minute? Fill in the form and receive a free handy value report in your mailbox, including an overview of the most recent sales revenues of comparable homes in your neighborhood.
What is the value of my house?What factors affect the value of your house?
There are many different factors that influence the value of a property. Consider:
- The location and surroundings
- The area (number of square meters)
- The type of house, architectural style, and layout
- The state of maintenance
- The amenities of the house
- Market conditions
- Demographic factors
1. The location and surroundings
The location and surroundings are among the most important factors that determine the value of your property. Homes in desirable neighborhoods or near popular amenities, such as schools, public transport, and highways, are generally worth more. The same goes for properties in areas with plenty of greenery and supermarkets and shops within walking distance.
Other locations can have a negative effect on property value. Consider a location next to a factory, on a busy road, or opposite a primary school. This can, for example, lead to odor or noise nuisance. This can negatively affect the price of your home.
Moreover, the reputation of the neighborhood is also important for property value. Think of crime rates, the quality of schools, and the overall quality of life.
2. The area (number of square meters)
Another major factor that determines property value is the living area. The price per square meter (of the living area) is often considered. By researching the price per square meter of comparable houses in your neighborhood, you quickly get an indication of your property value. The price per square meter can be higher if the condition of the home is better than comparable homes in the neighborhood.
Besides the living area, the size of a (possible) garden or outbuilding, such as a shed, is also influential. Generally: the larger the area, the higher the value. Many people therefore also opt for an extension; a smart way to add living space and increase value.
3. The type of house, architectural style, and layout
The type of house, the architectural style, and its layout also impact property value. Detached homes are often worth more than apartments and terraced houses due to the extra privacy and space they offer. The number of rooms (and their sizes) is of course also influential.
Homes with historical styles often have higher value due to their attractive appearance. Think of the popular 1930s home. People are often willing to pay more for a house with character and original elements, provided the home is in good condition, of course.
Additionally, the layout of the home also matters. More spacious and practically designed houses are generally worth more. A smart layout, such as an open kitchen or an ensuite bathroom, can also increase the value.
4. The state of maintenance
The state of maintenance of a house also plays a significant role in determining its value. Buyers are often willing to pay extra for a home that is immediately habitable and where they are certain that no unexpected repairs or renovations are needed. This applies not only to the interior of the house but also to the exterior and the garden. Well-maintained properties with recent renovations and modern amenities are therefore worth more than comparable homes in poorer condition.
Serious defects, such as leaks or deferred maintenance, naturally have a negative impact on the price. Is your property going on the market soon and there are defects? Then consider making improvements and repairs before putting your house on the market. In most cases, this will increase the value of your property, and more viewers will come by.
Your sales real estate agent can help you make this choice. In our article about fixing up your home for sale, you will find more tips to maximize the sales proceeds. A few small adjustments can quickly make a big difference, so be sure to read through the tips.
5. The amenities of the house
There are several amenities that generally have a positive influence on the value of a property, such as:
- A garage/shed and other storage space, such as built-in wardrobes
- A well-maintained garden, terrace, or patio
- Energy-efficient features, such as solar panels, double glazing, and an efficient heating system
- A fireplace
- A neutral, modern, and well-maintained bathroom/kitchen
- A converted attic (with sufficient light and space)
- Unique architectural elements, such as bay windows, stained glass, and original details
A garden with a swimming pool can increase the value of a property. But beware: it can also deter people due to the high maintenance. In this latter case, it can also negatively impact the property value. The impact of the amenities depends on the location, market demand, and the overall state of the house.
Do you want to fix up your home to increase its value? You can best opt for:
- Renovations that create additional space (square meters), such as an extension
- Improvements that make your house more energy-efficient
- Installing dormer windows, for example in the attic
With a dormer window, you do not directly add living space (in square meters), but you do make the space more spacious and lighter. Moreover, you have less trouble with sloping roofs. This makes the room better usable as a study or extra bedroom. This has a positive effect on the property value.
6. Market conditions
The property value is naturally also strongly influenced by market conditions. In times of high demand and limited available supply, we often see rising prices because competition among buyers increases. In a weaker market with less demand and an abundance of available properties, prices can fall because sellers must make concessions to sell their homes.
Another important factor is mortgage interest rates. Lower interest rates make homes more affordable for buyers, which can stimulate demand for homes and cause price increases.
7. Demographic factors
Demographic factors also influence how much properties are worth. If a region is growing in population, the demand for homes increases. This can drive up the prices of houses in that area. Moreover, the age composition of the population is important, as it affects the need for specific types of housing, such as senior housing, family homes, or starter homes.
The income level of the population plays a similar role, as it determines which types of housing are available and affordable for different groups of buyers. Additionally, education level and the availability of employment in a region can influence the housing market, as they can increase the attractiveness of an area for potential buyers.
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Tips for determining the value of your home
Do you want to know how much your house is currently worth? There are several ways to determine the value of a property (or an estimate):
- Request a free valuation from Mijn Verkoopmakelaar. Within 1 minute, you will receive a free value report in your email, including an overview of recent sale prices of comparable properties in your neighborhood (sales price overview).
- Find out the average price per square meter in your town or village. On our page about determining the right asking price, you can read how to do this.
- Check the asking prices on funda.nl of comparable properties in your neighborhood with similar specifications. Note: these are only the asking prices, so you don't know yet for how much the properties are actually sold.
- Request the sales revenues of comparable properties in your neighborhood from the Land Registry. You can read more information about this on the website of the Land Registry.
- Check the WOZ value online at the WOZ value register. Note: the WOZ value is almost always lower than the appraised value of the property.
- Consult multiple real estate agents for a free valuation of your house. Are you still looking for a good, reliable real estate agent? You can easily find the best real estate agents in your area through Mijn Verkoopmakelaar.
- Hire an appraiser to have your property appraised. This is the best method to determine the exact value of your property. You can choose a validated (official) appraisal, which you can also use for a mortgage application, or a non-validated appraisal, which only provides insight into the property value. Both options have associated costs.
Tip: Are you using the free valuation from Mijn Verkoopmakelaar? Check if the properties from the sales price overview (which you receive by email, along with the valuation) are still listed on Funda. This way, you can easily compare the asking prices with the actual sales prices and see exactly how much was overbid. This gives you valuable insights, both as a buyer and as a seller. For example, about making and determining the right offer.
Receive updates on the value of your home
Would you like to stay periodically informed about the current value of your home? Then request a free valuation from us and check 'Value increase update'. You will then receive a handy update in your mailbox every 2 months about the current value of your property. This way, you can easily determine the best time to put your house on the market.
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