How Many Appraisals Are Requested When Selling Property in an Urbanization Control Area? [Survey Results]
Dream Planning Co., Ltd., operator of the 'Negative Real Estate Purchase Center', released survey results on the number of appraisals requested when selling real estate in an urbanization control area. Out of 353 valid responses, a majority of 51.0% answered '3 companies', followed by '4-5 companies' at 31.2%. Over 80% plan to request appraisals from multiple companies for comparison. The trend shows that while owners are concerned about opaque market prices and the risk of lowballing, they consider around 3 companies to be appropriate when factoring in the effort required to deal with them.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 18:00
- 🔍 Collected: May 18, 2026 at 09:31
- 🤖 AI Analyzed: May 18, 2026 at 22:06 (12h 34m after Collected)
Survey on Real Estate Appraisals in Urbanization Control Areas
While real estate in urbanization control areas can keep property taxes low, building restrictions often turn them into 'negative real estate' with a very high difficulty of selling.
Because the market price is opaque and appraisal values vary greatly, many owners are unsure of the standard for 'how many companies to request an appraisal from' to achieve a satisfactory transaction.
Therefore, the 'Negative Real Estate Purchase Center,' a real estate problem-solving website operated by Dream Planning Co., Ltd. (Naka-ku, Yokohama, Kanagawa / Representative Director: Shigeto Takahashi), conducted a questionnaire survey targeting individuals interested in real estate (valid responses: 353). The survey focused on 'the number of companies requested for an appraisal when inheriting and selling real estate in an urbanization control area.'
Survey on Urbanization Control Areas: Respondent Demographics (Valid Responses: 353)
■ Gender Breakdown
Male: 199 (approx. 56%) Female: 154 (approx. 44%)
■ Age Group Breakdown
20s: 35 (9.9%) 30s: 100 (28.3%) 40s: 124 (35.1%) 50s: 71 (20.1%) 60s: 20 (5.7%) 70s and above: 3 (0.8%)
■ Survey Period
Feb 21, 2026 - Mar 16, 2026
If you were to sell real estate in an urbanization control area, how many companies would you request an appraisal from?
1st: 3 companies - 180/353 (51.0%)
2nd: 4-5 companies - 110/353 (31.2%)
3rd: 2 companies - 27/353 (7.6%)
4th: 1 company - 18/353 (5.1%)
5th: 6-7 companies - 6/353 (1.7%)
5th: 8-10 companies - 6/353 (1.7%)
7th: 10-15 companies - 5/353 (1.4%)
8th: 20 or more companies - 1/353 (0.3%)
9th: 15-20 companies - 0/353 (0.0%)
First, when investigating the number of appraisal requests when inheriting and selling real estate in an urbanization control area, '3 companies' ranked 1st at 51.0%, and '4-5 companies' ranked 2nd at 31.2%, revealing that over 80% of respondents consider multiple appraisals from 3 or more companies.
This is thought to reflect respondents' high concerns about the opaque market prices in urbanization control areas, anxiety over large discrepancies in appraisal values among real estate agents, and the risk of being lowballed on 'land that is difficult to sell.'
On the other hand, it is an interesting result that 5.1% of people chose 1 company, indicating that some people prefer to narrow it down to a specific, trusted real estate agent for the appraisal.
Next, we introduce comments from those who selected the 1st to 5th place options.
1st: 3 companies - 180/353 (51.0%)
'3 companies' garnered the most support. While there is a 'fear of being unfairly lowballed' with just one company, many voices emphasized time performance, noting that 'it takes too much effort to deal with' if there are too many.
It seems to be a common judgment that 'around 3 companies is a safe bet' in balancing the accuracy of comparison with the effort required.
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'If it's just one company, they might take advantage and unfairly lowball the price. Conversely, if there are too many, dealing with each company and showing them the site takes time and effort, so I think narrowing it down to about 3 specialized companies for comparison is the most realistic.' (Male, 30s)
'Because I think gathering information from about 3 companies will give me an idea of the general market price.' (Male, 40s)
'It would be a problem if I had too many appraisals and couldn't decide, so I think about 3 companies is a safe bet.' (Female, 40s)
2nd: 4-5 companies - 110/353 (31.2%)
The '4-5 companies' option, chosen by about 30%, reflects a strong cautious stance: 'I might regret it if I don't broaden my choices and perspective' because it's a specialized type of land.
We can read the intention of wanting to consult with more companies to avoid 'being misled' by real estate agents' knowledge, and to examine things from multiple angles, including not just price but also 'sales strategies and purchasing possibilities.'
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'Because I think properties in urbanization control areas are likely to have varying prices and sales policies, I don't want to rely on just one company, but request appraisals from 4-5 companies for comparison. I want to make a comprehensive judgment including not just the price, but also sales strategies, whether they can purchase it directly, and their track record.' (Male, 40s)
'I'll probably request about 5 companies because I think I'll regret it if I don't broaden my choices and perspective to some extent.' (Male, 40s)
FAQ
What is real estate in an urbanization control area?
Real estate in an area where urbanization is restricted by law. Building or rebuilding is generally limited, making it difficult to sell.
Why do many people request appraisals from 3 companies?
To balance the risk of being lowballed by relying on just one company against the hassle of dealing with too many companies.
What is 'negative real estate'?
A coined term referring to low-value real estate that is difficult to utilize and only incurs burdens like property taxes and maintenance costs.