Apartment Appraisal

I was wondering what is the best way to get an appraisal on an apartment that you are presently living in and own.

I am familiar with this website:

Which gives you the real prices of apartments that were sold. But the apartments in our complex are very different in size and vary in price whether it is in a building with two-story apartments. Even in the same building, there are two apartments on one side which are bigger than the three apartments on the other side.

Is there someone we can pay to do an appraisal? I really hesitate to contact a real estate agency because then they will bother you for literally years about when you plan to sell your apartment.

Usually being on different floors or different orientation only changes the price per ping within 50k. Also, if a place is larger than 50 ping, usually the unit price starts to go down a little.

So get the most recent transaction price, make sure there isn’t any thing in the remark section saying there’s a reason for this special price, see if it’s on a good floor (not 2, 4, or the penthouse), and then adjust unit price accordingly, and just multiply that with the size of your apartment.

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There is a significant difference in my apartment complex, depending on whether the apartments is a two-story apartment or not (of course the two-story units have a higher per-ping price). It’s all a bit confusing to me, to be honest. I’ll try this weekend with a friend in real estate sitting next to me.

Thanks for that. I checked and there are two in our building that were sold in recent months. One is undergoing renovation above our apartment so we definitely know one of the two.

So I see the price has gone up in the last few years. That’s good to know.

Thanks for your input on this. It got me off my lazy ass when it comes to reading Chinese and I now have a decent idea of what my apartment is worth.

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Outside of Taipei it has gone up pretty significantly.

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I’m in Xizhi and not all that far from where one of the MRT stops will be. I believe they have started on construction- at least one of the stops and not the actual railway portion of the MRT line. I see apartment prices at high levels, but we bought a bit away from the main roads at the foot of a mountain. It’s good to know even our location has gone up considerably (I mean good for us as a homeowner).

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The downside will probably be the diminished chance of trading up, since price has gone up everywhere else as well.

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