Need to move fast on an opportunity in Antwerp? Here’s how to analyse a property’s potential in just a few minutes with Market Explorer.
🏢 Project context
Let’s take a concrete example: an office building located on Sint-Jozefstraat in Antwerp.
- Footprint: 600 m²
- Configuration: ground floor + 3 storeys
- Specifics: the building’s height is aligned with its neighbours, so no additional storeys can be added.
1. Searching the area
- Log in to Market Explorer
- Search for the property’s address
- Select the “New development” filter (in the app: “Projet neuf”)
2. Using the Lasso tool
- Activate the Lasso tool to quickly draw a zone around the property
- You instantly see the price/m² by unit type:
- 1 bedroom: €3,700/m²
- 2 bedrooms: €3,500/m²
- 3 bedrooms: €3,250/m²
3. Detailed project analysis
Switch to the Table view to check the details of each comparable project:
- Exact address
- Number of storeys
- Marketing period
- Etc.
➡️ Example: the C10 project, marketed in June 2017 , can be excluded because it’s too old.
4. Refining the data
- Go to the “Data selection” tab (in the app: “Choix des données”)
- Filter out any units that aren’t relevant to your study
5. Summary & price per m²
In the Summary tab (in the app: “Récapitulatif”), you get:
- The price by unit type and by project
- One line per unit type in each project
➡️ Example:
- 1-bedroom apartment
- Median surface area: 68 m²
- Median price: €252,000
- Median price/m²: €3,760
6. Tracking value over time
A timeline lets you follow price trends:
- In 2019 : prices were around €3,000/m²
- The most recent project reaches €4,500/m² , thanks to a very attractive location
7. Exporting the data
- Click on “Export” (in the app: “Exporter”)
- You get a table ready to feed into your financial plan
✅ Conclusion
In just a few minutes, you have:
- Identified current market prices
- Analysed comparable projects
- Extracted usable data for your business plan
With Market Explorer , assessing the potential of a redevelopment project has never been this fast.