Russians can estimate the value of real estate based on data from real transactions
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- Russians can estimate the value of real estate based on data from real transactions
The Cian digital platform has added Rosreestr data on the final sale price of properties to its real estate valuation system. This is reported in the company's press release published on Thursday, October 9th.
Due to this, the valuation of objects decreased by 6.5% on average and became more close to market conditions.
The calculations, along with Rosreestr data, take into account another 30 factors affecting the price of real estate. These include the characteristics of the houses, location and infrastructure.
The new valuation system is valid for all real estate properties in Russia. You can use the service on Cyane in the ad cards or in the Moy Dom analytical service.
"The Moy Dom service can already replace a professional real estate analyst for a user. By obtaining official Rosreestr data, we can provide the most objective data, which means that any user will be able to more accurately predict the value of any object, as well as track the dynamics of the value of their property in real time — both its selling price and rental potential," commented Dmitry Lemeshevsky, head of the service.
Moy Dom was launched in 2024; to date, its audience has exceeded 1.7 million users. The platform has a number of built-in services: "How to make money on an apartment" (allows you to assess the prospects for income from the sale or rental of an object for long-term and daily rent) and "Dream in a new way" (with its help, you can calculate the opportunity to improve living conditions with or without a mortgage, using the specified property as seed capital).
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