I’m assessing a 2-bed duplex in Vienna: approximately 215 m², average condition, asking €800,400. Its strongest points seem to be the light and location, while the dated finishes and possible energy-performance costs count against it.
I have three asking-price comparables but only one completed sale. What adjustment approach would you use for condition and the unusually large floor area? The other unknowns are precise micro-location, any lease term, service charges, parking and outdoor space. Which missing fact could shift the valuation most? I’ll obtain a formal local appraisal before relying on a figure.
I have three asking-price comparables but only one completed sale. What adjustment approach would you use for condition and the unusually large floor area? The other unknowns are precise micro-location, any lease term, service charges, parking and outdoor space. Which missing fact could shift the valuation most? I’ll obtain a formal local appraisal before relying on a figure.