What determines the cost of housing?

Which one of us or our friends at least once in my life encountered with the purchase or sale of housing. Whether it's selling an apartment, house or villa. And many sellers or buyers of real estate there was a question - but what determines the cost of housing? What circumstances affect the price? Why is almost the same apartment, for example, are different? Yes, all very simple. There are certain factors that affect the value of the property.

The first factor in determining the price, is the location of housing in the city. Real estate in the center is much more expensive than in the suburbs. This is because in the center of a more developed infrastructure, the more important objects of focus for the public (stores, parks, offices, administration, etc.). In large cities where there are underground, the presence near the house or apartment station also affect price. Although housing in the center is not a significant hindrance. As for real estate in areas remote from the center or on the outskirts of the city, the situation is quite different. According to statistics, if the accommodation is located in more than three stops from the subway, the price may drop to $ 1000-2000. And in this case is the important role played by the intensity of traffic on.

The second factor influencing the cost, is the type of the structure and the year of construction. Accommodation in a house built before the Revolution, of course, is valued much lower, even when compared to houses built after 1970. What can we say about the buildings in which apartments are many times more. Also, it is no secret that the flat panel in the house will give the cost of a similar apartment in a brick building.

Layout of the apartment and the amount of living space is probably one of the most important factors determining the price. The cost of individual apartments and Suites is much higher than those that were built during the Khrushchev and Brezhnev.

Many potential buyers worried about the same number of floors and the presence of an elevator in the house. The cost of exactly the same apartments, but located on different floors in the house may differ significantly from each other. Usually this refers to the apartments of the first and last floor. They are cheaper.

It is not unimportant factors determining price are the amenities, as well as the availability of the phone. Heating, garbage disposal, water supply, the presence of a balcony or a loggia, the overall condition of housing, availability of repair. All this, of course, affect the price of the apartment.

The price of housing and depends on the season. In the summer, usually increases the demand for individual houses and buildings in suburban towns. Of course the cost in this period is slightly higher than in winter.

So in conclusion we can note that the same important role in the selection of apartments, houses or cottages is the state of the environment in a particular area of ​​the city. The presence near the house plant or factory may affect on the value of apartments in the direction of its decline.