**Real estate valuation: a key factor in a changing market **
In today’s Luxembourg real estate market, conducting a precise valuation of a property has become an essential step. Whether it’s to sell, buy, or simply to understand the true value of one’s assets, property valuation is now unavoidable.
Why has valuation become so important?
The uncertainty that has affected the market since 2023 has greatly changed how property value is perceived. Between rising interest rates, stabilised prices, and more cautious buyers, the proper market positioning of a property now directly determines the success of a transaction. Overvaluing can significantly delay a sale, while undervaluing can lead to a substantial financial loss.
The growing importance of new criteria
Traditional factors such as location, surface area, and overall condition remain crucial, but new criteria are increasingly influencing prices:
- Energy performance (energy class, insulation, heating system)
- Future renovation costs
- Immediate environment (noise levels, mobility, access to schools and shops)
Buyers are now paying greater attention to total costs and energy efficiency, and these aspects directly impact price negotiations.
The value of professional expertise
Online estimation tools can offer a general idea, but they cannot replace a personalised assessment by a professional who knows the local market. An experienced real estate agent considers recent transactions in the area, market demand trends, and the specific characteristics of each property to provide a reliable and realistic valuation.
Precision makes all the difference
In a slowing market with increasingly selective buyers, accurate valuation is a key factor for success. Property owners who set the right price from the beginning are, according to recent analyses, three times more likely to sell within the first three months.
At Alfa Immo, we support our clients through every stage of their real estate project. Contact us to receive a precise and realistic valuation of your property and to optimise your transactions.
