| Ramzi Chamat
In the digital age, the internet provides a range of tools for almost every conceivable need. In the real estate market, especially in Switzerland, online estimators have become essential tools for buyers and sellers. However, convenience demands caution.
Introduction
Selling or buying a property requires a precise understanding of its value in the local market. Online estimators can offer an initial insight, but how can their reliability be ensured?
I. The Benefits of Online Evaluation
Online evaluations provide a quick and often inexpensive way to get an indicative value of a property in a given locality. Many players, such as brokers, real estate agencies, and banks, offer this service. However, it's vital to distinguish between estimators based on listed prices and those based on actual transactions. The hedonic method, based on a comparison of transaction prices of similar items, is particularly reliable.
II. How Do Online Estimation Tools Work?
These tools typically request key information about the property: location, type of housing, number of rooms, area, year of construction, etc. Companies like CIFI and Wüest Partner have developed software based on the hedonic method, using thousands of transactions to provide quick estimates. These tools are ideal for standard properties but might not be suitable for unique properties or very specific markets.
III. The Importance of a Professional Evaluation
While online estimators provide an initial idea, their accuracy can vary, especially for atypical properties. Reputable real estate agencies offer a comprehensive evaluation, based on many parameters. The real estate expert will consider not only the provided data but also other elements such as construction quality, energy efficiency, and more. This comprehensive evaluation offers a much more accurate picture of the property's value in the market.
Conclusion
Online real estate estimation tools are a valuable resource for those looking to understand the potential value of a property. However, for a complete and accurate picture, nothing replaces the expertise of a real estate professional. Before making significant decisions, consulting an expert is always advised.
Keywords: Real estate estimation, hedonic method, Swiss market, CIFI, Wüest Partner, professional evaluation.
