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How can I find out what the market price of a real estate property is?

Posted by Yair Sharon on 25/07/2021
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Unlike real estate property valuation methods performed through a real estate appraiser (according to the comparison approaches / Revenue capitalization / The cost approach - the physical value approach) whose dignity is in place, Every sensible person can check for himself what the market price of a particular property is.

This is possible by relying on the "Tax Authority - Real Estate Information" website, which records the sale data of every real estate property in Israel..

For example: you had a residential apartment for sale 120 Mr , On the floor 2 In the Ben building 10 Years on HaTzofeh Street in the city of Modi'in, Visit the site, Select the city of Modiin, On Viewer Street, In a residential apartment, Limit to two years, And saw the inventory of residential apartments sold on the street in the last two years.

The inventory can be increased by adding more streets nearby.

For example: you had a residential apartment for sale, And so you can reach the average actual selling price per built-up square meter - multiply the figure by 120 square meters of the apartment you are inspecting, And so you can reach the average actual selling price per built-up square meter - multiply the figure by 120 square meters of the apartment you are inspecting.

The more you increase the inventory and the more the inventory will match the data of the apartment you are checking, This will make it possible to arrive at a more accurate calculation.

Note: Under no circumstances should this be considered a more accurate method than a market valuation performed by a certified real estate appraiser..

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