How well do you know the value of your property? Surprising survey results!

How well do you know the value of your property? Surprising survey results!
A shocking discovery for all real estate owners: only half of them know the value of their own four walls! A current survey by Immoscout24 and Immo -Sales24 shows that 46 percent of those surveyed have no idea how much their property is really worth. This affects a total of 1,550 owners: inside who were allowed to talk about their real estate. A huge gap in knowledge that can result in financial consequences!
In the world of real estate, knowledge is power! But only 54 percent of the owners: on the inside, they ever had their property appreciated. An alarm sign! Cinja Barck, Managing Director of Immo -Sales24, warns: “Your own home has a value that is difficult to convert into a concrete amount for many. But if you have your property professionally assessed, you can make well -founded decisions when selling or connecting.”
wishful thinking or reality? The future of the real estate market
Despite these alarming numbers, more than half of the respondents (52 percent) believe that the value of your property will increase in the future. An optimistic attitude that does not share everyone. 38 percent are convinced that the value remains stable, while measly 10 percent fear a possible loss of value. The @Immoscout24 living barometer shows that the prices for single-family houses and condominiums after the price correction in the second half of 2022 are back up-the prices rose by up to 2 percent in the third quarter of 2024! Rising prices for real estate in the metropolises could further tighten the fight for every apartment.In the minds of many owners: Inside, another question buzzes: selling or renting? There are clear tendencies here! 61 percent would sell your home if you do not use it yourself, while only 29 percent are interested in later renting. Another proof of how important it is to know the current market value in order to achieve maximum earnings when selling.
Financial advantages through professional valuation
A professional assessment could also be of great advantage when fully financing. 22 percent of the respondents rely on it. While 40 percent of the owners are based on stable construction interest on the inside, 29 percent speculate on falling interest. The current property value can be decisive here! A higher value could show the banks less risk and the borrower: thus allow better interest rates or more flexible repayment modalities.
The methodology of the survey is also revealing! The vast majority of respondents live in condominiums or apartment buildings (51 percent each). 38 percent are the proud owners: inside a family home. This result suggests a clear trend that needs to be observed!
Real estate owners: Attention: If you don't know what your property is worth, give away cash! A professional assessment is the key to surviving in the jungle of the real estate market.