All location and price data at a glance thanks to our new PriceHubble integration
A detailed property valuation at the touch of a button? Now possible in our software – thanks to our new PriceHubble integration! In this article, you’ll learn everything about the data that will be available to you – and your prospective buyers – in the future, and why this new feature is worthwhile not only for real estate agents of existing properties, but also for developers and project planners of new construction projects.
The all-round tool for real estate prices
What PriceHubble can show
With our PriceHubble integration, you as a real estate agent primarily receive a precise valuation of the property you are marketing. This is particularly beneficial for acquiring brokerage mandates and generally for determining the ideal asking price for the property. The tool also offers several advantages for new construction projects: Developers can see at a glance the actual value of each new unit.
This valuation is, of course, not visible to potential buyers; it serves solely to provide you, as a business, and the respective property owners with an overview of the property’s value and current market trends. The entire system functions reliably throughout the DACH region (Germany, Austria, and Switzerland) and beyond, for addresses in many other European countries.
Comparative value? Asset value? Income value?
Ideally, all of them together, thanks to AVM
Without going into too much detail, our PriceHubble valuation offers several calculation models that work together in the background to create a comprehensive and detailed valuation. The foundation for such a precise valuation: Big Data!
The data is so efficient that the final result of the property valuation, regardless of the property type, yields the same result as the manual calculations based on the asset value or income value used by appraisers. With us, you no longer need to calculate to determine the value of your property – you only need a few parameters about your property to arrive at a complete result – the algorithm does the rest in the background.
At the same time, the detailed analysis also shows the market price development of the last four years and a corresponding future forecast for the next six months – presented as an interactive graphic with the total price or price per square meter for purchase and rent.
Always keeping an eye on the market
Heatmap, comparison offers & socioeconomics
What matters most when it comes to a property’s value? Location, location, location! That’s precisely why your interactive heatmap allows you to see at a glance how expensive the surrounding area is. With comparable listings in the immediate vicinity, you can also see which similar properties are currently on the market or have already been sold. This comprehensive data is invaluable not only for pricing but also for later discussions with potential buyers, and of course, when property owners want a price significantly above market value.
The socioeconomic data (household purchasing power, income levels, household structure, population size, and age groups) is particularly useful for target group segmentation for your property – whether new construction or existing buildings. For example, the household structure of the region (by postal code) is a good indicator of whether studio apartments or four-room apartments are currently in demand, while age provides valuable insights into which interior design styles might be particularly appealing to your target group (for AI renderings or your 3D model).
Where is the infrastructure located and how quickly can I reach it?
Digital neighborhood guide for interested parties
All the data mentioned so far is suitable for real estate agents and developers for internal strategy development during or before marketing – because, of course, your prospective buyers shouldn’t see valuation data, and market forecasts only if needed. What they are interested in, however, is what it’s like to live in the location of your property.
Thanks to our sunlight simulation from Shadowmaps, your prospective buyers can already see comprehensively how much light enters the property. With our PriceHubble integration, we now go a step further and also show how the infrastructure around the property is designed. Through our new digital exposé, prospective buyers can view important points of interest nearby on an interactive map. These points of interest range from public transport, medical facilities, shopping, schools and kindergartens to leisure and dining options.
This allows your prospective buyers to explore the neighborhood digitally and, thanks to the accessibility map, also see how quickly they can get around the area by car, bicycle, public transport, or on foot.
More than just property valuation
Internal strategy & interactive location report in one feature
With our PriceHubble integration, you, as a real estate agent or developer, are always up-to-date with the latest data. On the one hand, you receive a comprehensive market price report (also available as a PDF download). On the other hand, you provide your prospective buyers or tenants with added value through a detailed visualization of the available infrastructure at the property’s location. This latter information, along with your digital property listing/configurator, is accessible to both buyers and tenants via a single link, along with all other property data, visualizations, and documents.
The complete PriceHubble report is an optional, paid add-on (per address query) within your property details. However, it is worthwhile for you and your prospective buyers or tenants to perform this analysis for every property you plan to market – whether new construction or existing property, for sale or rent – regardless of the property type. We hope our users enjoy using this feature.