🏡 Conduct a coherent evaluation in a rebalancing real estate market
Rudolphe ABEN
The storm that hit the Luxembourg real estate market seems to be coming to an end. Existing properties are regaining momentum, and buyers’ interest is picking up. The rebalancing phase has allowed the resale market to stabilize, leading to a resurgence in transactions. However, the new-build market is showing modest signs of recovery after more than two years of stagnation.
📉 Between 2022 and 2024, property prices followed a downward trend, decreasing by an average of 1% per month. This adjustment has created opportunities for buyers who had postponed their projects. As for new-build properties, prices will also need to adapt to current market conditions, especially since interest rates are unlikely to drop below 2.5% this year.
In this shifting context, evaluating a property’s price has become a significant challenge. In the past, experienced real estate agents could estimate a property’s value in their neighborhood almost instinctively. Today, this task requires advanced expertise and the use of tailored methods.
đź“Š The importance of advanced expertise for reliable valuation
Estimating a property’s value now requires a combination of skills and precise data. Whether it's choosing the right methods or applying specific coefficients, the process must be based on rigorous analysis. Combining various approaches provides a global and realistic view of a property’s value, close to its market value.
In Luxembourg, the lack of comprehensive data is often a challenge, particularly in municipalities with limited recent sales. To address this, Nextimmo has developed a moderation method that supplements missing data and ensures reliable valuations, even in areas with fewer transactions.
đź’ˇ With 20 years of experience in real estate, technology, and marketing, we are equipped to deliver precise valuations, even in a constantly evolving market.
âś… Why choose a professional valuation with Nextimmo?
Relying on Nextimmo for your property valuation ensures a reliable and market-aligned evaluation.
Our valuations are:
đź“Ť Accurate: Based on thorough analysis and reliable data.
đź“ť Commitment-free: You receive a clear valuation with no obligations.
👉 Request a professional valuation now by clicking this link.
👉 Pre-assess your property online using our tool available here.