A few months ago, my father planned to resale his one property and hence, he asked me to find out the selling price. I was confused, so I researched how can I calculate my flat selling value. I found the flat selling value can be calculated based on several factors such as its location, condition, available amenities, quality of construction, its size, how old are the property, and of-course its demand.
I also came across the following formula to calculate the market value of my father’s property:
Market value = Average per sq ft price of comparable properties x square foot of your selling propertyI calculated using this formula, and it came out to be Rs. 36 lakhs for an 800 sq ft property. To get better and precise methods, I would suggest you read: How to Calculate Price for a Resale Flat?
Alternatively, you can use the below link to get the actual value of your property from the experts, which I did at the end.
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How to Calculate My Flat Selling Price?
bapu
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1
10 months
2025-02-07T10:16:22+00:00 2025-02-08T21:36:29+00:00Comment
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