YOUR LOCAL REAL ESTATE AGENT IN PARIS
WHETHER BUYING, SELLING OR RENTING

Evaluating Paris Property

Evaluating Paris Property
When purchasing Parisian property, buyers are frequently misled by the average price per m2 which only gives a general idea but does not necessarily reflect the true value of a property, which can depend on several factors : address, level in the building, quality of common areas, services, etc. The table below gives an indication of how to look at evaluating a Paris property, even though we all know, each property is a case apart.

Floor Level Compared to average price/m2
Ground floor overlooking street – 15 à – 25 %
1st floor – 7 %
1st floor with café or trader open late below – 20 %
3rd floor to 6th floor with lift + 2,5 % per floor
Location Compared to average price/m2
Overlooking dim courtyard – 10 %
Building less than 10 metres away – 10 %
Terrace or garden + 5 à + 15 %
Double orientation East/West + 3 à + 5 %
Beautiful view (Parisian monument, open views) + 5 à + 20 %
High level of disturbance from traffic – 15 à – 20 %
Technical qualities Compared to average price/m2 
Property entirely renovated
(electricity, plumbing, insulation, etc.).
+ 15 à + 20 %
Property requiring light
redecoration (painting, floors, decoration, style)
– 5 à – 10 %
Property requiring renovation
(depending on the extent on the renovation)
– 10 à – 30 %

 

 

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