How much is my home worth

1. Location and micro-area

Location remains the most decisive factor in price. It is not enough to say a property is in Alicante, Playa de San Juan, the city centre or Cabo de las Huertas. Within the same area values can differ significantly by street, building, orientation, views, noise, access, nearby services and real distance to points of interest. In Alicante, proximity to the sea, the centre, transport, schools, green spaces, local shops or ease of parking can directly affect price. Two homes with the same floor area can have very different values if one is on a quiet, bright, well-connected street and the other in a noisier area with poorer orientation or lower demand.

2. Floor area, layout and use of space

Size matters, but not all homes with the same metres have the same value. Distinguish built area, usable area and real layout. A well laid-out home with generous rooms, good light and functional spaces can be more attractive than one with more metres but poorer use of space. Bedroom and bathroom count, living room size, kitchen, outdoor space, remote-work potential and fit with current buyer needs also matter. In valuation, it is not only the metres that count — it is how those metres are lived in.

3. Property condition and building quality

Condition directly affects value. A renovated, updated move-in-ready home usually attracts more interest and less downward negotiation. Also assess the building: year built, construction quality, communal area maintenance, lift, façade, entrance hall, installations, accessibility and possible special levies. Year built alone does not set value. A well-maintained older building can be very attractive; a newer one poorly maintained can lose competitiveness. Valuation must cover both interior condition and the building as a whole.

4. Differentiating features

Some elements clearly increase appeal versus similar homes. The most important include:

• Terrace, balcony or garden.
• Clear views or sea views.
• Good orientation.
• Floor level.
• Lift.
• Parking space.
• Storage room.
• Development with pool or communal areas.
• Brightness.
• Cross ventilation.
• Low noise levels.
• Good kitchen and bathroom condition.

In Alicante, natural light, orientation, outdoor space and proximity to the sea carry extra weight for many buyers. These features are not always reflected automatically in price per m², but they can improve competitive position and speed up a sale.

5. Real comparables and direct competition

Good valuation requires more than listed asking prices, which do not always match actual sale prices. Analyse similar homes in the same area with comparable features and, where possible, closed transactions or real market references. Study direct competition: which similar homes are for sale now, how long they have been listed, their price, what they offer and how they are presented. If a home is launched above direct competition without clear advantages, it may lose visibility and viewings. With a well-adjusted strategy it can generate more interest from day one.

6. Supply, demand and market timing

Price depends not only on the property but on market timing. Active demand, available stock, interest rates, buyer profile and sale speed in the area all shape pricing strategy. A family flat, a penthouse with terrace, a seaside property, an investment unit or a home needing renovation do not behave the same. Each type has its audience, sale pace and price sensitivity. Professional valuation combines objective data with local experience. The goal is not the highest possible price but the right price to sell well, in a reasonable time, with controlled negotiation.

Asking price, market price and final price

A full valuation distinguishes three concepts. Asking price: the initial listing price; it should be competitive and aligned with sales strategy. Market price: the realistic range for the home given its features, location and demand. Final closing price: what the buyer ultimately agrees after negotiation. The key is launching with a strategy that attracts qualified buyers without harming the owner's return.