Property Value Bangkok: How Can I Find Out The Value Of My House In Thailand?

When selling your home, it’s important to strike the right balance between not over-pricing your property and still getting a good deal. Price it too low and you stand to miss out on considerable profit, while you risk not selling at all if you value your property too high. 

However, there will be numerous factors driving the price of our property so it can be difficult to evaluate. This article takes a brief look at some of the best ways to find an accurate value assessment for your property in Thailand.

How Can I Find Out The Value Of My House In Thailand?

Compare Local Prices

A quick and effective way to get a ballpark figure for your property’s value is to look at the prices of similar homes in your area. This is often easy to do with an online search for houses for sale and other details like the number of bedrooms. Taking these numbers will help to give you a rough idea of how much similar properties in your area cost, helping you evaluate yours.

When coming to an evaluation, you should also try to take into account other factors that can affect a home’s value. For example, a home located outside a factory will be unappealing to many, potentially lowering the price. Likewise, being located in a beauty will help to boost the property’s value.

It can be especially helpful if you can find valuations for other homes in your immediate location such as your street or Moo Bahn. Regardless, this approach can be fairly helpful for reaching ballpark evaluations quickly. However, many people would understandably a more thorough process to help them get the best deal possible. 

Ask the Professionals

In most cases, it is best to approach a professional to evaluate your home for you. Somebody with experience in the local housing market will know what to look for and which features have an impact on the price of your house. 

The experts will also know about hidden factors that the untrained eye is likely to miss. Not only will the professionals do a thorough and accurate job, but they will also take work away from you, leaving you with more time to focus on other tasks. 

Many estate agents are happy to have a professional value your property. In many cases, such an evaluation is free, especially if you plan to list your property for sale through that agent. An estate agent can also be very valuable when it comes to selling your house, largely because they can market their business to attract potential buyers. A professional estate agent can be particularly valuable when living overseas because they can help you navigate the local bureaucracy and other obstacles. 

Get in Touch

If you have any questions regarding house valuations in Thailand then feel free to get in touch with the team at Home finder Bangkok. Our deep knowledge and experience of the Thai property market will help ensure you get the best possible price for your home while making the overall process as seamless as possible for you.