You want to build a house in Namur, but you have no idea about land prices? Thanks to this example, you’ll discover how to analyze the market in just a few minutes with the SmartBlock – Market Explorer tool.
➡️ Step 1: Filter buildable plots
- Access Market Explorer via our SmartBlock website.
- Select “Land” in the property type menu.
- Apply two filters:
- Land buildable only;
- Area under 10,000 m².
This step allows you to target only the plots relevant for a standard residential build.
➡️ Step 2: Target a specific area
Use the lasso tool on the map to manually outline the geographic area you’re interested in within Namur.
This makes it possible to isolate the plots in the neighborhood you’re truly interested in.
➡️ Step 3: Observe prices
Once the selection is made, the tool directly gives you the median price per square meter.
Example: in the video, the median price here is €116/m².
But be careful: this price varies greatly depending on the area. Hence the next step…
➡️ Step 4: Export the data to Excel
- Click “Export data” to retrieve the list of selected plots.
- Open the file in Microsoft Excel or any other spreadsheet program.
➡️ Step 5: Analyze the relationship between area and price
- Select two columns:
- Plot area
- Price per m²
- Create a scatter plot chart.
- Add a trendline:
- Choose a logarithmic curve, because relationships between price and area are often logarithmic or exponential in nature.
- (Optional but recommended) Switch the X-axis to a logarithmic scale to better visualize the trend.
➡️ Step 6: Interpret the results
You will see a clear trend:
- 1,000 m² plots: about €125/m²
- 4,000 m² plots: about €50/m²
👉 The larger the area, the lower the price per square meter.
✅ Conclusion
With Market Explorer + Excel, you are now able to:
✅ Identify interesting plots
✅ Understand the impact of area on price
✅ Base your purchasing decisions on reliable, visual data
This tool is a real time-saver and helps you better grasp the complexity of the real estate market.