5 Key Factors Influencing The Market Value Of Property




Whether you are buying or selling a property and whether it is a residential or commercial property, there are certain common factors which influence its property value. Here is a short note on some common factors which influence a property’s market value.
1.    Location:
The location of the property influences the market value of the property much. Is it close to the landmarks in the city? Generally, homebuyers look for residential projects offering proximity to leading social infrastructures in the city.
2.    Supply and demand
If there is rising demand and a limited supply of luxury living spaces, the property price will increase.
3.    Real estate market
The performance of the real estate market in the locality influences the market price of the property.
4.    Luxury amenities
Nowadays homebuyers demand a list of luxury amenities in their home for a comfortable and premium living. Most of the luxury residential projects feature an array of premium amenities to attract proposed home buyers. These amenities and facilities available, impact on the property value.
5.    Investment potential
The investment potential that the property present to its investor also determines it’s market value.

Melonwood Homes, builders in Kochi, the well-known makers of the choicest premium flats in Kochi Kerala offers luxurious living spaces at its latest project Melonwood Rejoyz. The project, apartments in Kochi, promising you boundless convenience and endless joy.


Location: Kerala, India

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