Not overpriced, not underpriced. Learn the method professionals use to land on the right number before buying or selling.
Knowing the fair value is what separates a good purchase from a regret. And contrary to how it might seem, there's a real method behind that number.
Market comparables
Start by analyzing similar properties in the same area that sold recently. Adjust for square footage, floor, condition, and parking.
Price per square foot
Dividing price by usable area creates a comparable metric across options — but be careful, location and finish quality change everything.
Factors that add or subtract value
Views, sunlight, renovations, noise, and building amenities all push the final price up or down.
Tools that help
Automated valuations offer a quick starting point; a professional appraiser refines that number with a human eye.
Assessing value well means comparing with discipline — and staying skeptical of anything that looks overpriced, or suspiciously too good to be true.