Do you need to position yourself quickly on an opportunity in Antwerp? Here’s how to analyze a property’s potential in just a few minutes thanks to Market Explorer.
🏢 Project context
Let’s take a concrete example: an office building located on Saint-Joseph Street in Antwerp.
- Building footprint: 600 m²
- Configuration: ground floor + 3 floors
- Special feature: the building is aligned in height with its neighbors, so no additional floors are possible.
1. Area search
- Log in to Market Explorer
- Search for the property address
- Select the “New project” filter
2. Using the Lasso tool
- Activate the Lasso tool to quickly draw an area around the property
- You instantly see the prices/m² by typology:
- 1 bedroom: €3,700/m²
- 2 bedrooms: €3,500/m²
- 3 bedrooms: €3,250/m²
3. Detailed analysis of projects
Switch to the Table view to see the details of each comparable project:
- Exact address
- Number of floors
- Marketing period
- Etc.
➡️ Example: the C10 project, marketed in June 2017, can be excluded because it is too old.
4. Refining the data
- Go to the “Data selection” tab
- Filter out certain units if they are not relevant to your study
5. Summary & Price per m²
In the Summary tab, you get:
- The price by typology and by project
- One row per typology in each project
➡️ Example:
- 1-bedroom apartment
- Median area: 68 m²
- Median price: €252,000
- Median price/m²: €3,760
6. Tracking value over time
A timeline makes it possible to track price trends:
- In 2019: prices were around €3,000/m²
- The latest project reaches €4,500/m², with a very attractive location
7. Exporting the data
- Click “Export”
- You get the table ready to be integrated into your financial plan
✅ Conclusion
In just a few minutes, you have:
- Identified current market prices
- Analyzed comparable projects
- Extracted usable data for your business plan
Thanks to Market Explorer, assessing the potential of a redevelopment project has never been so fast.