I’m not convinced renovation itself is the decisive factor. Renovated properties may simply be the ones priced realistically because their sellers are more prepared and motivated. Meanwhile, an unrenovated building can sell quickly if the discount reflects the work.
When do the price cuts...
I have narrowed my March 2026 comparison to Helsinki studios asking €776,500–€1,165,000, but it is still unclear whether they are similar enough to reveal a trend. They have been marketed for roughly 37 days, while price changes and apparent buyer interest are going in different directions...