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What determines a value in a Chateau

Recently at the National Association of Realtors Conference in Orlando Florida, NAR suggested that Realtors cross borders to gain referral dollars from various real estate opportunities Worldwide. I choose a French development company and chateau broker. I was surprised as to what influences the value and desirability of a Chateau to buyers in this very narrow market niche. The obvious is Location Location Location. So for example if you have a chateau in the outlying areas if Paris you will have a very desirable and pricing abode. The less obvious on the list of attributes that can increase values are:

A private Chapel in the Estate

Private Stables

Pigeon house and size

Condition

Unesco protected land

History of region and Estate. The chateau's Provenance, which comes from the French provenir, "to come from", means the origin, or the source, of something, or the history of the ownership If a King or other noble family owned the estate then there is a market for its pedigree blood line.

water and woodland on property for sportsman activities

Almost all chateau offers high level of privacy with either walls of stone or shrubs surrounding the estate with large iron entrance gates. The french government has a No fly zone law so no one can fly over a historic property or chateau without the written permission o the owner.

Posted Monday Jan 26

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