In this article, you will find:
- Which items interfere with the value of the apartment?
- Most valued floor X renovation of the apartment
- How Loft can help you find the best value for your money
When looking for a new home, it is common to make a list of preferences, ranging from the value of the property and the condominium to the distribution of the floor plan, the right foot and the view. There is a factor that not everyone knows that influences the price of an apartment: the floor on which it is located in the building.
We have prepared this article to explain which apartment floor is most valued and the reasons for that valuation. We will show what points can make a property expensive or cheap on certain floors, to clarify the differences in value.
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WHICH ITEMS INTERFERE WITH THE VALUE OF THE APARTMENT?
Beforehand, let us make it clear that the floor of the apartment is, yes, a characteristic that influences the purchase and sale value. This is because there are benefits linked to this, such as a beautiful view, for example. Next, we will detail which are the items that interfere with the value of the apartment, so that you are better prepared when buying or selling a property.
1) NUMBER OF FLOORS IN THE BUILDING
The height of the building depends on the zoning rules of the city or neighborhood, in addition to the construction project and the type of property that already exists in the region. In general, the taller an apartment, the more valued it is, but this will also be linked to the footage, the floor plan and the number of properties per floor. Therefore, an apartment on the 20th floor will not always be more valued than one on the 10th floor of another condominium.
Having an obstacle-free view is always a great bonus for an apartment and it usually increases its sale value. If there is a green area on the horizon, then even better. On higher floors, the view can be privileged, being possible to see even other neighborhoods and regions of the city.
If the buildings around you are not as tall as yours, the chance of having even more privacy is great. When you buy an apartment on the top floors, you guarantee that you can leave the curtains open as long as you want, without feeling uncomfortable with possible peeps from neighbors.
The noise decreases as we move away from the street level, where traffic and the flow of people generates a lot of noise. Living on a high floor means saying goodbye to the need for noise windows.
5) VENTILATION AND BRIGHTNESS
Without the obstacle of other large buildings around, air and light can reach your apartment more easily. In addition, if the property is a penthouse, you will possibly be able to have an area fully exposed to the sun, to enjoy the day at home.
MOST VALUED FLOOR X RENOVATION OF THE APARTMENT
As mentioned, generally apartments on higher floors, with better views and privacy are more valued. However, there are features that can influence the values of different apartments in the same building - including those located on the same floor. The floor plan of the property is the main factor that can increase or decrease the sale value of an apartment.
Imagine the following scenario: a building with two apartments per floor, one of which still retains the original floor plan and the other has undergone changes. The original has three bedrooms, one of which is a suite, while the floor neighbor has been renovated and now has only one suite, having absorbed one of the bedrooms to be the closet and the third was added to the living room.
If the condominium is located in a neighborhood most sought after by families with children, for example, it is likely that the renovated property will be less valued, even having the same view and height as the neighbor. If you are in an area of younger residents, the one-bedroom apartment and lots of social area should be more successful.
As we have seen, the layout and location of the building are factors that can influence the value of the property, in addition to the floor. But as a rule, apartments on higher floors are the most valued on the market.
MOVE TO THE FLOOR OF YOUR CHOICE WITH THE HELP OF LOFT
Whether your first apartment is your own or not, choosing a property is a process that requires attention and care. After all, it is important that your needs are met - in relation to walking, sight and privacy, for example.
Loft has apartments for sale in the most sought after neighborhoods in São Paulo and Rio de Janeiro, with options for all profiles and budgets. And you have the help of a partner broker and our legal team to complete the transaction without complications. Visit the Loft website and schedule an in-person or online visit!