Why does Walter update old sale prices?

To ensure accurate property comparisons, Walter uses adjusted purchase prices. This means we take the original sale price of a home and update it to reflect current market trends.

By applying this adjustment, we bring older sales in line with today’s values, making it easier to compare homes accurately and fairly. Using official data from Statistics Netherlands (CBS), we ensure these updates are precise and reliable.

Why it matters

When comparing properties, using outdated sale prices can lead to inaccurate valuations. Adjusting the purchase price ensures you’re working with current market realities, helping you make informed decisions.

Example

Let’s say a reference home sold six months ago for €445,000. If house prices in the region have increased by 4% since then, we adjust the price by multiplying €445,000 x 1.04, resulting in an updated price of €462,800. Rounded to €463,000, this reflects what the home might sell for today.

By calculating adjusted prices, Walter ensures your comparisons are always up-to-date and reliable.

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