Conducting real estate market research is a considerably different feat than conducting any other kind of market research. This is because this vertical, by its very nature, is packed with market intelligence that can be applied not simply to real estate companies, but to buyers and agents, along with those looking for a new property.
Analyze the physical elements
Here are the most pressing aspects to inspect that affect a property’s standing:
Transportation in the area
Utilities offered and their functionality
Afterward, we inspect the property itself.
Size and square footage
Number of rooms (bedrooms, bathrooms, other rooms)
Age of properties (newer buildings tend to have a higher value)