With this new free and easy-to-use site, you can find out and compare the real prices of real estate transactions throughout France. A valuable tool for buying and selling!
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 risky and negotiations particularly tough. It is difficult to know if a property is listed at its fair price, or if construction projects in progress will not come and ruin its value some time after its acquisition.
Having complete and reliable information on the real estate market is essential to conduct an effective search and, above all, to make a wise and informed purchasing decision. And to achieve this, a new free online service can provide you with valuable assistance: Real Estate PapersDeveloped by the company Pappers, a start-up specializing in the aggregation of open source data, this portal is presented as an interactive map displaying a large amount 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 the properties, beyond the prices displayed in real estate advertisements. It also allows you to get an idea of the evolution of prices over time and their averages in a given sector, in order to easily identify whether a property is overvalued or whether, on the contrary, it constitutes a potential good deal.
In addition to the sale prices, Pappers Immobilier also aggregates other relevant and very useful information to build your purchase project. Current building permits and prior declarations of work are listed for each plot, which allows you to know if future developments will modify the environment of a property. Energy Performance Diagnostics (DPE) are also listed, when available. You can also know the identity of the owners who are legal entities, such as Civil Real Estate Companies (SCI) or social housing organizations, but not that of individuals obviously.
Finally, the interactive map is easy to use and explore, with a simple search bar allowing you to enter specific addresses or larger areas. Very practical, the service is however not yet perfectly complete. In some cities and villages, particularly smaller ones, financial data on real estate sales is often less numerous than in large cities. But Pappers Immobilier is already a great source of information for all future buyers, and should soon be enriched with new useful data, such as PLU zoning, rent levels or geological risks to which buildings and land are exposed.