Erzurum Real Estate Valuation

Erzurum Residential Valuation

The Erzurum housing market consists of different tiers, from the slopes of Palandöken fed by ski tourism to the city centre in Yakutiye and the new housing areas of Aziziye. Student rentals around Atatürk University and tourism-oriented housing and hotel investment at the foot of Palandöken are the main factors determining value. The long, harsh winters bring building characteristics such as thermal insulation, roofing and infrastructure quality to the fore in valuation, creating marked price differences by building age even on the same street.

Our Erzurum Regional Office is located in the provincial capital itself; our SPK licensed experts prepare real estate valuation reports across the province, from apartments in Yakutiye and Palandöken to farmland in Pasinler, Horasan and Hınıs and rural properties in Oltu and İspir. Parcel-based value determination in older neighbourhoods under urban renewal, mortgage appraisals for bank loans, expropriation valuations and income-based analysis of winter tourism businesses are among the subjects we work on most often.

Every report in Erzurum is prepared with an on-site inspection and region-specific comparable analysis; the income approach for hotels and guesthouses, irrigation and yield conditions for farmland, and the value to be created after renewal for the older building stock in the centre are each examined separately. Fill in the quote form for your property in Erzurum and our Erzurum team will contact you within the same working day.