How to Evaluate Real Estate Like a Pro
Learn how to determine property value using comps approach, Hesti data tools, and signals such as infrastructure projects, demographics, and demand.
Mārtiņš Kozlovskis
Key takeaways
Start with the three classic approaches — comparable sales, income yield, and replacement cost — to benchmark current market value.
Watch future growth catalysts such as new transit lines, demographic shifts, and job creation; they can lift prices years ahead of completion.
Hesti’s data suite offers real‑time deals, machine‑learning forecasts, zoning overlays and an API for deep analysis.
On‑site due diligence still matters — inspect the property and verify legal documents before committing capital.
Valuation fundamentals
Appraisers rely on three pillars: comparative market analysis (comps), the income approach for rental assets, and the cost approach for unique builds. Studying recent, similar transactions keeps you in line with fair market value.
Spotting price‑growth drivers
Demographic demand, low interest rates and flagship infrastructure upgrades — like the high‑speed Rail Baltica corridor in Riga — tend to boost liquidity and capital appreciation (eurocities.eu, baltictimes.com). Experts also flag school ratings and tax policy as early indicators of neighbourhood desirability (investopedia.com).
Leveraging Hesti data
Hesti aggregates listings, registry deeds and leases, refreshing the database daily. The platform’s price‑forecast model projects 12‑month trajectories, while zoning overlays reveal development constraints.
Field checks & legal audit
Even with perfect data, never skip physical inspection, structural surveys and title verification. Data frames the price, but boots‑on‑the‑ground due diligence confirms the investment’s safety.
Takeaway
Blend hard data with future‑looking signals and on‑site checks. Use Hesti to crunch numbers quickly, then validate with professional inspections to secure a smart purchase.