It would seem that residential complexes located in the same district, and even more so on the same street, should not differ in cost per square meter. No matter how! Prices for apartments in neighboring buildings can be like heaven and earth. And the most amazing thing is that both exorbitant amounts and completely acceptable price tags are equally fair. Do you not see the logic? Great, otherwise you wouldn't have anything to do on this page. We offer you to understand the stable and situational factors, due to which the prices of objects in new buildings so often shock uninitiated investors.
4 letters "About": features of the object - the basis of the basics
It is worth starting with those factors that are basic. Banal characteristic of the object will tell you how much you can count on. It is worth taking into account:
- location What kind of district is that? How prestigious is it? Is the transport connection with other parts of the city sufficiently well developed? And what about social infrastructure - ndash; is there somewhere to walk, where to go, what to see? Is it comfortable for children to get to school? And is this area suitable enough for them - how safe and ecologically clean is it?;
- construction technology. You can always save and buy a panel, but all theoretical and practical problems with operation fall entirely on your shoulders. If the budget allows, you can splurge on a solid red brick, which is not afraid of either frost or summer heat. Monolithic-frame technology is currently at the peak of popularity for a reason, so it is also worth taking a closer look - quality and price combine very well;
- planning. It is not always comfortable in the rigid framework of small rooms. Spacious multifunctional premises are now in demand, so they are often found in high-end residential complexes;
- superficiality. It's not only about the beautiful panorama of the city (although it is also about it). First and last floors involve some inconvenience regarding your privacy and possible problems with ceilings;
- degree of facility readiness. The lower it is, the lower the price. No one wants to pay for a long wait, so buying an apartment at the excavation stage can cost 30-40% less than buying it after the complex is put into operation - . sounds like great way to earn on his cleverness and endurance; li>
- class of residential complex. The words "business", "economy", "comfort" and "elite" are a big clue to what the price per square meter will be.
We should dwell on the last point in more detail, which we will do at the beginning of next month, but for now we will briefly run through the nuances. The definition of the class of the complex includes a number of services and amenities available on its territory. The more additional benefits, the higher the value of the object:
- closed territory, availability of a 24-hour video surveillance system, concierge service and a security system - you have to pay a little more for security and privacy;
- take care of yourself, think about the car as well - spontaneous parking in the open air is a big loss compared to underground parking;
- beautiful views of the city are valued much higher than nondescript residential areas outside the window;
- having its own infrastructure is the most pleasant bonus, which allows residents of the complex to save time, because everything they need is at hand;
- The arrangement of the home territory affects not only its appearance, but also the residents' leisure time. Having walking paths and beautiful park areas in the yard, you can end the evenings with family walks near the house, which is especially important for young parents;
- residents of multi-apartment buildings often encounter "traffic jams" even before going outside, so even such a small thing as the number of elevators also affects the price.
The above criteria affect the price of an apartment under absolutely any circumstances. . But even they will not be able to keep its price in place if more capricious factors come into play.
Statistics, analytics, forecasting and more - real estate valuation at a new level
Military operations inflicted the biggest, albeit not direct, blow on the new buildings. Due to them, difficulties arose with supplies, so the extraction of materials turned into a real quest. This problem also caused another one - the increase in the price of raw materials. No one would hesitate to call these problems far-fetched and artificial because each of us has faced them in one way or another, even in everyday things. This factor alone caused a 40% increase in the cost of construction. All because of the same military actions, the shortage of qualified personnel became acutely felt. Many builders temporarily retrained as defenders of their country, for which they can only be thanked.
Summarizing, we can say that from the beginning of 2022 the cost of housing in new buildings was most affected by:
- socio-economic factors;
- exchange rate fluctuations;
- problems with logistics;
- cost of construction;
- shortage of skilled labor.
At the same time, factors familiar to us from pre-war times remain. So, a decrease in the temperature outside the window also pulls down the arrow of the price curve, which reflects it the effect of seasonality on supply and demand. Environmental trends and adherence to concepts aimed at the comfort of residents (car-free yard, city within a city) allow developers to raise prices regardless of the season.
Thanks to the evaluation of all factors and analysis past trends, our experts look into the future and predict further price increases. This trend is already observed in many cities. Since the beginning of the year, the price per square meter has changed significantly. Even sharp jumps were observed:
- in Ivano-Frankivsk - from 23 to 400 hryvnias;
- in Lviv - from 44 to 200 hryvnias;
- in Khmelnytskyi - from 20 to 700 hryvnias.
Our colleague notes that Kyiv has not yet had time to be covered by a wave of price increases. So far, the usual 48 has increased by only 300 hryvnias. Investors should arm themselves with cash reserves and grab their tidbit at an affordable price.
