Everyone knows that real estate - residential or commercial, it doesn't matter - which is located in the central part of Kyiv, regardless of its condition, is valued much more expensive than a similar one in terms of area and quality of equipment, but located on the outskirts.
But this is far from the only factor that determines the value of luxury real estate. Here's our list of what most often affects pricing in the premium real estate segment.
Area and location of the house
The prestige of the area in which the real estate is located, its infrastructure, proximity to parks, green areas and water bodies, transport accessibility and the convenience of access to the main highways of the city are the most important points that influence the formation of the price of real estate of the "business" class and above. The city center, the Pechersk district, the Dnipro river and its embankment, a historical area, a botanical garden or a park with a lake near the house - for this, believe me, many people are ready to pay a large sum. And such people are not afraid of real estate prices.
Type and material of the house, layout
Buyers prefer brick houses, which have much better heat and sound insulation, or buildings that have already taken these factors into account during construction. At the same time, it is necessary to mention the planning - for those who buy luxury real estate, not only the number of square meters is important, but also how modern, convenient and practical the space is distributed. An important component of the cost here is also the presence of a balcony and a private terrace.
Condition and quality of repairs in the apartment
We live in an era when people began to attach more importance to their health and environmental friendliness of the space in which they spend time. Of course, this is also taken into account when choosing housing and affects the value of real estate. It goes without saying that the more recent the renovation, the more valuable it is in the total cost of the apartment or house, but the materials that were used in the execution are no less important - natural stone and wood in the cladding, the quality of paint, wallpaper, etc. what should not be saved and what those who choose real estate in elite houses are ready to pay for.
The view from the window, the area next to the house and the condition of the entrance
Wonderful panoramas of the city, beautiful views from the windows, surrounding attractions, a quiet closed yard, the landscape of the inner territory of the complex, the presence of children's and sports grounds, a swimming pool, a football field, landscaping - this is what adds to the price of the entire real estate. Owners of business and premium housing emphasize that they are ready to pay extra for the presentation of the entrance group and hall of the building, as this is something that can make or, on the contrary, spoil the impression even before you get to the apartment itself.
Security of residence
Probably, this item should be one of the first on this list, because at home you just want to relax, sleep peacefully and do household chores, leave home for a long time to other cities and countries, and leave all the care for your safety and your property to a security company, to video surveillance and alarm systems.
The floor on which the apartment is located
This item is usually included in the cost estimate of "economy" and "comfort" class apartments. And that's understandable. If the building does not have an elevator, apartments above the third floor will cost less. This is also an important factor in the formation of the value of luxury real estate, because with the density of the area's development, the view from the windows increases with each floor, and the distance from noise and dust from the yard or road when the windows in the apartment are open.
In fact, there are a large number of such factors, starting from the cost of materials used in the construction of the house, ending, for example, with a newly opened mall or amusement park next to the complex. And this will affect the value of real estate.
The price of real estate can fall and rise under the influence of external circumstances. But these components will always be in the price for those who choose life at the highest level.