Floor, lift and balcony: what buyers pay for

Two flats of the same size in the same building can sell for different prices. Three details often explain it.

The floor

• The ground floor is often cheaper. Less light, less privacy and more noise.
• A high floor often costs more, especially with a view.
• The top floor can cost the most, but in an old building without a lift it can be the least popular.

The lift

In a building with four floors or more, a lift matters a lot, especially for families with prams and for older buyers.

The balcony

A balcony, especially one that faces south or west, often adds value. A big terrace adds more.

Other details

• A fireplace.
• A renovated bathroom.
• Windows on two sides of the building.
• Storage and a laundry room in the building.

In the game

When the photos show a view from a high floor or a sunny balcony, adjust up. When you see a ground-floor flat next to a busy street, adjust down.