Property Valuation at BARNES Léman

The Process of a Property Valuation at BARNES Léman

A Structured Approach
Our property valuation is much more than a simple real estate estimate. It is a meticulous process designed to provide the owner with an accurate and fair evaluation of their property.

To better understand it, Christelle SAC-ÉPÉE and Déborah SMADJA, real estate consultants, explain the key steps of this process through an interview.

1. Initial Contact

Christelle explains that it all starts with an initial phone call. "During this initial call, we discuss the client's project. This preliminary conversation allows us to understand the owner's motivations and expectations, as well as the particularities of the property to be evaluated."

2. On-Site Appointment

During this first contact, an appointment is scheduled. "This appointment, lasting a maximum of 2 hours, is crucial," notes Christelle. "We cover important topics such as technical information and the property's environmental aspects." During this meeting, the owner is invited to provide various supporting documents that highlight all the characteristics and particularities of the property, such as the title deed and plans. "All these elements are essential to inform the necessary adjustments for establishing the sale price," she adds.

3. Comparative Market Analysis

With the information gathered, the real estate consultant begins the analysis work. Déborah details this step: "We conduct a comparative market analysis by examining similar properties that have been sold, are currently on the market, or are for sale off-plan (VEFA). We apply weightings to these data based on the strengths and weaknesses noted during our visit."

4. A Collective Strength

One distinctive aspect of the BARNES Léman approach is its collegial nature. "It is important to emphasize that our recommendations are not based on the work of a single person," insists Déborah. "We meet collegially, meaning that at least three consultants review and validate the property valuation before it is finalized."

5. Presentation of the Property Valuation

Once the property valuation is finalized, the owner is invited to a second meeting. "During this meeting, we present our conclusions and discuss the owner's project," explains Christelle. "It is a moment of sharing where we can answer their questions and refine our support."

Personalized Support
"As you can see, behind each property valuation, there is a committed and dedicated team to support owners throughout their project," concludes Déborah. This collaborative and rigorous approach guarantees an accurate real estate valuation, reflecting the market and the specific characteristics of the property.

For BARNES Léman, each property valuation is a key step towards realizing our clients' real estate projects, combining expertise, market knowledge, and a deep commitment to their satisfaction.