The real estate estimate by a notary



In many cases, it is very useful to have your property "assessed" for multiple reasons such as a listing, an estate, a document to be provided to the bank to obtain a loan or in the context of a divorce in particular.

Therefore, the estimate in question will, in many cases, be issued by a real estate professional: the notary. So what will this notarial expertise consist of? How will it be conducted? And what benefits can it have? A round-up of these questions!
Real estate estimate by a notary: what is it?

The estimate of a house by a notary: what is it? When we talk about real estate estimates, we think logically of two professionals in the sector: the notary and the real estate agent. But the former is all the more legitimate to carry out this expertise as he is the liberal professional in charge of authenticating transactions on home sales.

The notary estimate is an estimated estimate, which will bring out an estimated price, intended to be as close as possible to the fair price or real value of the house on the day of the estimate. This assessment of the price of the house or apartment is therefore often related to a sale project, but not necessarily. There are other cases where an assessment of the value of the property is required: estate, divorce, application from the owner's bank...
Real estate estimate for an estate: the estimate of a house or apartment by a notary

In most cases, the owner-seller asks the notary for a specific price of the value of his apartment or house, when he plans to put it up for sale. The objective is then for the seller to obtain the price that is as close as possible to the market price and the "real" market value of the property.

But sometimes notarial expertise can be sought for other reasons: for example, it may be the need to have your house estimated by a notary for an estate. In this case, the notary will assess the dwellings in the deceased's estate, either with a view to establishing the declaration of succession or for the division between the heirs.
How does the notary estimate the apartment or house in succession?

The notary has two methods to evaluate your home, when you call on his services: the first method (the simplest) is for this professional, to assess in a simplified way the value of the house. In this case, the notary does not carry out the technical audit of the house, but evaluates it based in particular on the online file BIEN (Ile-de-France) and on the basis of the Perval file.
These tools allow the notary to issue a "value notice" or "certificate of expertise" to the owner. The second method of estimation is to audit the house, with a field assessment and in detail. This second method is therefore more reliable than the first.

The benefits of house estimation by front notary

Of the various real estate valuation methods that exist, the notary estimate is often the most reliable. The reason is that this real estate sales professional has the most extensive tools and technical data on all sales of houses and apartments throughout France. Notarial expertise is thus preferred in order to obtain a fair selling price, given the real estate market in the sector. It analyzes, like the real estate agent, the value according to the address of course but also all the characteristics specific to the property.

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