As the price of an apartment depends on the floor

When choosing an apartment, potential buyers often pay attention not only to the area, location, layout and other priorities factors, but also on the floor on which the dwelling is located. Floor area is considered one of the important factors that can significantly affect the value of real estate. In this article, we will consider how the floor affects the price of an apartment, what trends exist in modern realities, and we will also offer some advice on choosing the best option.

The influence of the number of floors on the price of an apartment: advantages and disadvantages of specific floors

It is worth starting with the fact that the price of an apartment consists of many factors, such as:

• type of residential complex (new building or secondary market);
• infrastructure development;
• transport accessibility of the district;
• housing condition (need for repair, replanning, additional decoration with furniture or appliances);
• planning;
• area.

The floor on which the apartment is located also has a significant impact on its cost, because depending on the location on one or another floor, such factors as convenience, security, availability of views, noise level and air pollution can change. we offer to consider the main categories of floor space and their impact on pricing.

Lower floors (1-3 floors)

Advantages:

➕ quick access to the exit, which is convenient in case of evacuation and simply in everyday life, because you will never get stuck in an "elevator traffic jam";

➕ the ability to easily get home even in the absence of a working elevator, which is especially relevant in conditions of emergency power outages and during the renewal of schedules;

➕ less pronounced problems with noise from the elevator and neighbors.

Disadvantages:

➖ it is possible to increase the level of noise from the street, especially if the windows face a park area, a parking lot, an educational institution, etc.;

➖ privacy problems - the view from the windows opens literally on passers-by, so they can look into your home without an invitation;

➖ a higher probability of robberies, which is why almost all first floors in the capital can boast of strict barred windows.

It is also worth noting one trend that emerged after the full-scale invasion began. In modern conditions, the lower floors have become especially popular, since the proximity to shelter in case of an emergency is a strong argument for many buyers, especially for families with children.

Middle floors (3-8 floors)

Advantages:

➕ an optimal balance is maintained between your personal comfort and views from the windows (of course, if the location of the house allows you to admire the city, and not the brick wall of the neighboring building);

➕ thanks to the moderate height, the presence of an elevator is important, but not critical, so in case of outages, you will not suffer as much as your neighbors from above;

➕ these floors are often the most comfortable for living, especially in multi-story buildings.

Disadvantages:

➖ the presence of an elevator becomes a necessity if elderly people, people with reduced mobility or young families with babies live in the house;

Extraneous noises from neighbors above and below may be heard.

Even before 2022, it was the apartments on the middle floors that were considered the most sought after because they provided the best balance between convenience and panoramic views. Today, buyers are more often focused on security, which has somewhat changed the demand.

High floors (9th floor and above)

Advantages:

➕ breathtaking panoramic views of the city and its surroundings;

➕ minimum level of street noise;

➕ less dust and polluted air enters the house;

➕ there are no noisy neighbors from above (if we are talking about the top floors).

Disadvantages:

➖ in case of disconnection of the elevator, climbing to the upper floors can become a considerable problem;

➖ high dependence on communications (elevators, water, electricity). In the absence of light, the pumps do not cope with their duties, so the water supply also disappears, which strongly affects the ability to perform household chores;

➖ in emergency situations, it may be more difficult to leave the house quickly;

➖ flooding and other problems arising due to proximity to a roof made of poor materials or with a violation of construction technologies (if we are talking about the last floors) are possible.

Until 2022, apartments on high floors were often more expensive precisely because of the panoramic views and lower noise levels. However, from the beginning of 2022, demand shifted towards the lower floors. This is due to the desire of buyers to have quick access to storage and less dependence on elevators. In conditions of unpredictability, modern buyers prioritize their safety and the safety of their relatives.

How profitable it is to buy an apartment on high floors

Despite the temporary decrease in demand for upper floors, they can remain a delicacy for far-sighted investors. To make a profitable purchase, listen to our advice::

• consider apartments on high floors in new buildings. Improved security systems are installed in modern houses, generators and autonomous communications. They make it possible to minimize the risks of turning off elevators and water;
• look for apartments in buildings with several elevators. This is especially important for multi-story buildings. In case of malfunction of one elevator, others can continue to work;
• buy renovated apartment. Apartments on the upper floors are often sold with repairs already made, which saves the owners from additional costs and increases the comfort of living.

Floor area and condition of the apartment: which object to buy

When choosing a floor, you should consider not only the price, but also the condition of the apartment. New buildings offer more modern solutions for all floors, while the secondary market may have its nuances. Yes, in older buildings, the lower floors may have problems with moisture and sound insulation, and in new buildings, as a rule, improved infrastructure and security systems are provided for all floors. When choosing an apartment on different floors, you should consider many factors: from the infrastructure and condition of the building to your personal preferences in terms of safety and convenience. In any case, the final choice depends on your goals and priorities. Let's briefly sum up:

• lower floors promise convenience and safety;
• middle floors – a compromise between comfort and panoramic views;
• upper floors offer maximum privacy and beautiful views, but are highly dependent on communications.

If you want to choose the perfect apartment that will meet your expectations in terms of price, convenience and security, contact the professionals. THE Capital real estate agency is a reliable solution for buying and selling real estate both in Ukraine and abroad. We will help you find the best option and make the process of buying a home as simple as possible.