PricePinner
People believe many things about home prices. Some are often wrong.
Myth 1: the asking price is close to the final price
In Sweden, the final price can be far above or below the asking price.
Myth 2: bigger always means more expensive
A small flat in the centre can cost more than a big house further out.
Myth 3: a renovation always pays off
Some renovations add more value than they cost. Many do not.
Myth 4: I know what homes cost in my area
Most people remember prices from years ago, or the extreme sales that people talk about.
Myth 5: prices only go up
Prices can fall, and they have fallen in some periods.
Test your beliefs
The best way to check your beliefs is to guess real final prices, and to see the answer.