Pricing Comparison with Surrounding Market
- Competitive Market Analysis (CMA): Perform a CMA to compare the project’s prices with similar properties in the area. This analysis helps in understanding how the project stands in terms of pricing in the current market scenario.
- Unique Selling Proposition (USP): Identify and evaluate the USP of the project that may justify a higher price point compared to the surrounding properties.
Assessment in the Resale Market
- Resale Value Estimation: Project the future resale value based on factors like location desirability, projected urban developments, and historical appreciation rates of the area.
- Buyer Demand Trends: Analyze past and current trends in buyer demand in the resale market, which can significantly affect the resale value of the projects.
- Long-Term Investment Potential: Evaluate the long-term investment potential of the project by considering factors such as location stability, economic growth in the area, and future infrastructure developments.