How much is your property in Norway worth? If you're not sure, it might be a good idea to find out. Learn about this estate valuation service in Norway.
In 2021, there was a 2.8% rise in homes being sold in Norway reaching 105,068 in total. This shows that there's been an increase in demand for houses in the country. Perhaps you're wondering how much your property is worth in Norway to see if it's worth selling or keeping your home. In this guide, we'll give you an estate valuation of properties so that you know where you stand.
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Average Prices for Homes in Norway
According to the National Association for Norwegian Realtor Brokerages — EIENDOM NORGE the average price for a home in Norway was around NOK 4,208,039 NOK at the end of November 2022. Average private property price in Oslo was about 6,042 842 NOK. It does, however, depend on your location and the type of house you live in. In more affluent areas, house prices rise. Also, those living in newly built properties, for example, are more expensive than older-style houses. There are also big changes in prices between apartments and houses. It's stated that the average home price in Norway is worth about 49,750 kr per square meter. The average cost of a family house in per square meter is 38,700 kr within the country. Whereas, the latest figures show that older homes were valued at 29,200 kr per square meter.
Most Costly House Prices in Norway
Typically, city houses cost more than the most pricey homes in Norway. Oslo is the most costly of all. Here's a breakdown of the three highest-valued areas for homes in the country:
Oslo: 72,110 kr per square meter
Bærum: 62,947 kr per square meter
Nesodden: 52,132 kr per square meter
Other price areas include Frogen, Asker, and Nordne Follo which are all priced at 50,236 kr, 48,849 kr, and 46,518 kr per square meter respectively. They're all very close in proximity to Oslo, just within 20 to 40 minutes, showing that they are within city limits. Other higher prices properties are found in the more rural areas around 50 kilometres or more from the big city like Bergen, Stavanger, Trondheim, Drammen or Trømso.
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Cost of Renting a House in Norway
Renting especially occur within the main city areas of the country, however, it still happens all over Norway. At localmarket.no, HOME BROKERAGE SERVICES in Norway SELLING PROPERTY is dependent upon your region, the market at that time, and what state your property is in. All over the country, you can find rentals in rural areas and well-looked-after apartments and homes from around 2530 kr per square meter annual — shows the data from central Norwegian office for official government statistics, Statistics Norway — STATISTISK SENTRALBYRÅ. National average monthly rent for two-room apartment in 2022 was 9880 NOK.
Who Is localmarket.no and What Do We Do?
At localmarket.no, we provide No Binding matchmaking with Estate Valuation Professionals Service in Norway, giving you prices that are competitive in the market, simple to navigate and provide stress-free valuations. We help you save both time and kroner. We offer both online E-TAKST and offline evaluations VERDITAKST — TILSTANDSRAPPORT so that you can come to our office or get your quote from the comfort of your own home. That way, you get easy access to Local Realtor Brokerages and Estate Agents in Norway — EIENDOMSMEGLER.
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Choose Us for Your Expert Real Estate Valuation in Norway
The cost of your ESTATE VALUATION IN NORWAY depends upon your location, housing condition, and the style of home you live in. We've shown you why we're the real estate company to get your value sorted with. The services we offer are free, safe, and effective. Contact us for more information, and we'll be happy to help you get your property valued. That way, if you choose to sell then you'll know you're on the right track.