Property valuation
A property valuation is about determining the value of your home - how much it can sell for. It's important to find the right price, as it significantly affects how many people see your property in their search criteria. The price determines how much money you walk away with from the sale, so you usually want to set it as high as possible. However, a price that's too high often means many potential buyers will pass on your property. It's therefore important to set the right price on the first try.
Why is valuation important?
The right price is crucial for attracting buyers. A price that's too high can deter prospects, while a price that's too low can cost you money. A correct property valuation is the foundation of a successful sale.
Preparation
Before you start valuing your property, you should have gathered the following information.
Optional preparation
Methods
We suggest you use at least one of the following methods to determine your property's value. What we can offer is described at the bottom of the page.
Option 1: Public Valuation Portal
The public valuations were updated in 2022 and again in 2024. They can serve as benchmarks for what price range your property falls into.
What should you do?
Go to vurderingsportalen.dk
Navigate to the shortcut for property valuations
Enter your address in the search field
Find the public valuation of your property
Option 2: Nearby properties
How prices are set on other properties in your area gives a good indication of what price range you can aim for. You can use different property search engines to find properties near you.
What should you do?
Find sold and "not for sale" properties and enter postal code or street name
Keep an eye on square meter prices and sale prices
Compare with properties similar to yours in size and condition
Take the average of sale prices and square meter prices for similar properties
Option 3: Price per sqm development
Assuming you bought your property at the right price, it makes sense to consider how the price per square meter has developed in your municipality.
What should you do?
Find the development in price per sqm for your municipality and property type
Read the percentage change since your purchase
Apply this percentage to your original purchase price
Good advice
Use multiple but simple methods
The right price can be difficult to determine. Using multiple methods increases your chances of finding the right price.
Consider a free agent valuation
Many real estate agents offer free and non-binding property valuations. Their goal is to get you as a customer.
Inform your bank
There is a notice period on your current loans. Additionally, an escrow account is used for depositing the purchase sum.