Free and online property valuation tool launched in France

Whether buying or selling, knowing the value of a property is valuable information. Now, a free and regularly updated online tool for estimations has been launched in France by the government. Here’s how it works.

The French government recently launched a publicly available and entirely free-to-use tool that allows homeowners and potential buyers to access property value estimations from the past five years. The data used by the tool will be updated twice a year, in April and October, to ensure that it remains current.

To produce a reliable estimation, the tool compiles a range of useful information, from the price and date of sale for any existing house, apartment, or undeveloped land to a full description of the property, including the number of rooms, surface area and type, as well as the median selling price per square metre by city and region.

A snapshot of the online tool. Photo via gouv.fr

To simplify the process, there is a search bar to pinpoint a specific address, as well as an interactive map that allows users to zoom in on any given region, town, and finally, cadastral section. Additionally, there is a table with a drop-down menu that lists sales for each department.

To access the land value request service, click here.

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Photo source: Armand Khoury, Unsplash