EXPERTS NAMED CITIES WITH LOW REAL ESTATE PRICES

EXPERTS NAMED CITIES WITH LOW REAL ESTATE PRICES

EXPERTS NAMED CITIES WITH LOW REAL ESTATE PRICES
Realtors have published a list of cities with the maximum number of real estate transactions at a price of up to 500 thousand rubles. Omsk, Volgograd, Chelyabinsk, Novosibirsk and Voronezh got to the top five.

According to experts, such low prices for real estate may indicate problems with documentation.

The federal chain ‘Etazhi’ conducted a study of the real estate market in Russia and came to the conclusion that there is a fairly large number of deals with cheap real estate in a number of cities.

The maximum number of contracts with the price of an apartment or house of up to 500 thousand rubles was recorded in Omsk (32% of the total number of transactions), reports Izvestia.

Voronezh closes the top five with the number of such transactions at 5.3%. Both capitals and their regions were analyzed as well - the indicator there was 1.1 and 0.5% (Moscow and St. Petersburg, respectively).

Among the reasons for the low cost of housing, experts call an uncomfortable climate, migration outflow of the population, low income and quality of the housing stock, as well as an unfavorable environmental situation. In this case, some circumstances are interconnected with others.

In Omsk, the share of transactions for the sale of new buildings tends to zero.

This leads to a gradual deterioration in the condition of the housing stock, as secondary housing decays and only falls in value. At the same time, in the region, you can still find advertisements for the sale of real estate for 150-200 thousand rubles - these are two-room apartments located in small settlements.

According to experts, cheap housing is most often sold in places with poor infrastructure, in old or even dilapidated houses, as well as in buildings that other residents have already abandoned. Sometimes you can even find advertisements for the sale of apartments with WC located on the street.

24.08.2021