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How Much Is My Property Worth?

Our firm performs timely and precise residential valuations on homes and other properties in Crete. We implement the latest standards within property valuation to ensure all critical market factors are acknowledged and effectively addressed.

We understand the intricacies and special characteristics of various residential and commercial markets in Chania. Our team will help you understand exactly what you need for your valuation, including a brief report. We provide valuation services in the entire Prefecture of Chania, such as, but not limited to Apokoronas, Akrotiri, Chania, Kissamos, Kandanos, Palaiochora and more.

We also offer specialized valuation advisory services to ensure you will work with a Chania real estate professional who understands the unique challenges of your commercial portfolio. Our research team takes the time to evaluate and research all critical elements within your valuation process.

Here are the most frequently asked questions about property appraisal in Crete.

Valuing real estate assets – either commercial or residential – can be difficult because almost no two properties are exactly the same. Each property has unique characteristics and features with different square meters, number of bedrooms or bathrooms, views, upgrades or infrastructure, net operating income, or location.

The most widely accepted method for valuing property is an appraisal survey, which is used in both commercial and residential real estate assets and can only be conducted by a licensed and experienced appraiser.

Real estate professionals, such as real estate agents and engineers, are able to provide other, less formal methods of assessing and forecasting a property’s market value, including a comparative market analysis (CMA) – which estimates a property’s value based on recently sold comparables or broker’s price opinion (BPO).

Like any service, appraisal fees are based on the amount of time the appraiser spends in providing the service. The amount of development time may vary from one assignment to another and depends on the complexity of the asset and availability of the information. Fees do not include items such as additional consulting, court testimony, unique properties, multiple structures/farms, historical properties, and stigmatized or black-listed properties.

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