Property for Sale in Punjab: Factors that affect its

Resale Value

Are you thinking of to put your property for sale in Punjab from Abroad? What preparations have

you done to ensure you get a great deal for your property in Punjab?

Regardless of the factors which boost the resale value, there are several other things that bring

down the value of a property. Most homeowners rarely know what are those factors that affect the

resale value of their property.

However, if you are a non-resident Indian and are buying or selling a property in Punjab, India from

the UK, USA, Canada, & Australia, it is important that you should know what they are.

Location & Accessibility

Location is a key factor when it comes to property value. Your current home may be close to your

job or near your parent’s house — but when buyers estimate the value of the property, they look at

three primary indicators, which are as follows:

• Shopping, entertainment, and recreational centers

• The quality of local schools

• A neighbourhood with the lowest crime rate

Commuting to and from work is a big part of many people’s day. So, in terms of accessibility, the

house situated near to the city’s major routes attract most buyers and attains the highest value.

Property Size & Style

Size is another important element to consider. An open layout with fewer walls and partitions

automatically convince a home buyer to pay more because it looks more spacious. Different types of

homes such as semi-detached, detached, and terraced, etc. command different prices. The value of

a home is estimated at price per square foot but unfinished basements are not counted in usable

square footage. Livable space such as bedrooms and bathrooms are what is most important to

buyers. The more beds and baths your home offers, the more it is valued. Therefore, the overall

layout of the house has an impact on the value of the property for sale in Punjab.

Age & Condition

The age of the property will definitely have an impact on the value. If you are looking at selling a

property that is 15 to 30 years old, it will be wise to fix any leakages/cracks or do minor remodeling

to ensure your property looks presentable.

The condition of a home matter and will definitely increase or decrease its price. The rust, the dust,

the stains, and the dirt would cause the buyer to withdraw from the deal. Most of the times it has

been seen that buyers are willing to shell out more money for a property that is well-kept and in

need of a little repair. Hence, renovations can improve a resale’s potential & Property Sale Value in

Punjab.

Overall, if you want to grab the best deal, it is recommended to avoid property selling mistakes in

India. Also, remember to keep these factors in mind when you go for buying or selling property in

Punjab from abroad.

Want to know more about how to sell land or property in India from the UK, USA, Canada &

Australia? Contact Us on our website.