Thanks to this new free site, you can find out the true prices of real estate transactions near you and throughout France. A valuable tool for buying, selling and comparing!
Becoming a homeowner is a lifelong project for most people. But finding the home of your dreams and acquiring it for a fair price is an obstacle course. The opacity and complexity of the real estate market make research hazardous and negotiations particularly tough. It is indeed difficult to know if a property is displayed at its fair price, or if construction projects in progress will not ruin its value some time after its acquisition.
Having complete and reliable information on the real estate market is essential to carry out effective research and, above all, to make a judicious and informed purchasing decision. And to achieve this, a new free online service can provide you with valuable help: Pappers Real Estate. Developed by the company Pappers, a start-up specializing in open source data aggregation, this portal is presented as an interactive map displaying a wealth of information on real estate in France.
Firstly, it allows you to consult the history of known sales for a building or land, with the prices actually paid by successive buyers. This is invaluable data for any potential buyer, because it allows you to know the real market value of properties, beyond the prices displayed in real estate advertisements. They also allow you to get an idea of the evolution of prices over time and their averages in a given sector, in order to easily identify if a property is overvalued or if, on the contrary, it constitutes a potential good deal.
In addition to the sales prices, Pappers Immobilier also aggregates other relevant and very useful information to build your purchase project. Current building permits and prior work declarations are listed for each plot, which allows you to know if future developments will modify the environment of a property. Energy Performance Diagnostics (EPD) are also listed, where available. We can also know the identity of the owners, legal entities, such as Real Estate Companies (SCI) or HLM organizations, but obviously not that of individuals.
Finally, the interactive map is easy to use and explore, using a simple search bar allowing you to enter specific addresses or larger areas. Very practical, the service is however not yet completely complete. In certain towns and villages, especially smaller ones, financial data on real estate sales is often less numerous than in large cities. But Pappers Immobilier already constitutes a formidable source of information for all future buyers, and should soon be enriched with new useful data, such as PLU zoning, rent levels or the geological risks to which buildings and land are exposed. .