How Much Does Real Estate App Development Cost?

Rokas Jurkėnas
November 15, 2024
November 15, 2024
How Much Does Real Estate App Development Cost?

There are many costs to consider when developing a property app. From basic features to custom add-ons, the costs can add up quickly. We'll cover everything you need to know about real estate app development costs.

Understanding App Development Costs

Magnifying glass pointed at an app interface

Real estate mobile app development cost depends on several factors. These include app complexity, design requirements, features, and platform choice (iOS, Android, or both). Here are some of the most common factors that influence the cost:

Factors Influencing App Development Costs

App Complexity: Simple apps with basic features are cheaper to develop. More complex apps, like those with real-time updates or integrations, require more development time and expertise.

Design Requirements: Custom designs increase costs due to the additional effort required. Using templates can lower costs but may limit uniqueness.

Features: Features like user accounts, payments, or integrations affect the budget. Prioritize must-have features to control costs.

Platform Choice: Developing for one platform is less expensive than building for both. Cross-platform solutions may reduce costs but could limit performance.

For example, mobile app development for real estate involves integrating property listings, map views, and user accounts. The pricing varies depending on customizations and target audience needs. Custom real estate app pricing can range from $30,000 to $150,000, depending on the scope.

Cost Breakdown for Real Estate Apps

Pie chart

Real estate app development costs are divided into several stages. Each stage requires different resources and expertise, impacting the overall budget. Selecting the right mobile app development company can significantly influence these costs and the app's success.

Average Costs of Developing a Real Estate App

  • Design Costs: App design typically costs $5,000 to $15,000. This includes creating user interfaces, wireframes, and user experiences. Custom designs increase costs compared to pre-made templates.
  • Development Costs: Mobile application development is the most expensive stage, ranging from $10,000 to $120,000. Costs depend on the app’s complexity and the features included, such as property listings, search filters, and interactive maps.
  • Testing Costs: Testing ensures the app is bug-free and performs well. This stage costs $5,000 to $15,000, depending on app size and complexity. Automated and manual testing are often combined for best results.
  • Launch Costs: Launching the app involves app store fees and marketing efforts. These costs range from $1,000 to $10,000. A strong launch plan ensures visibility and adoption.
  • Example: Developing a basic real estate app with property listings and search features may cost $40,000. Adding features like 3D tours and live chat can raise the cost to $100,000 or more.

Cost to Develop an App Like Zillow

Zillow app estimate

The estimated cost to develop an app like Zillow is between $131,500 and $150,000, with a total project duration of 52 to 57 weeks. This pricing created by AI Software Cost Estimator includes the full scope of development for a complex real estate marketplace platform, encompassing web and mobile applications.

Cost Breakdown and Timeline:

The mobile app development process includes these stages that all impact the overall development costs:

  • Design & Analysis: 10-11 weeks
  • Development Planning & Architecture: 3-4 weeks
  • Development Timeline: 29-30 weeks
  • Quality Assurance (QA): 6-7 weeks
  • Deployment & Handover: 4-5 weeks

Features and Scope:

  1. User Roles:some text
    • Buyers, Sellers, Real Estate Agents, Property Managers, Admin, and Super Admin.
  2. Core Features:some text
    • Advanced property search, property listing management, real-time messaging, offer and transaction management, property valuation tools, mortgage calculator, map-based exploration, and analytics dashboard.

You can read the full estimate here.

Approaches to Build a Real Estate App

When it comes to building a real estate app, there are several approaches to consider, each with its own set of advantages and disadvantages:

  • Native App Development: This approach involves creating separate apps for iOS and Android platforms using their respective programming languages (Swift for iOS and Kotlin/Java for Android). Native apps offer the best performance and user experience but can be more time-consuming and expensive to develop.
  • Cross-Platform App Development: Using frameworks like React Native or Flutter, developers can build a single app that runs on both iOS and Android. This approach saves time and resources but may not fully leverage the native capabilities of each platform.
  • Hybrid App Development: This method combines native and web technologies, allowing developers to create apps that run inside a native container. Hybrid apps can be quicker to develop but may suffer from performance issues compared to fully native apps.
  • Low-Code App Development: Platforms like OutSystems and Mendix enable developers to build apps using visual interfaces with minimal coding. This approach is cost-effective and suitable for simple to moderately complex apps but may not offer the same level of customization as traditional development methods.

The choice of approach will depend on the specific needs and goals of the project. For instance, if performance and user experience are top priorities, native development might be the best choice. On the other hand, if budget and time constraints are significant, cross-platform or low-code development could be more suitable.

In terms of cost, the initial app development cost can range from $10,000 to over $400,000, depending on the complexity of the app and the development team. It’s also essential to consider the ongoing costs of maintaining and updating the app.

A well-designed user interface and user experience are critical to the app’s success. The app should be easy to use, visually appealing, and provide a seamless experience for users. Additionally, understanding the real estate market and the needs of the target audience through market research and user feedback is crucial.

Overall, building a real estate app requires a combination of technical expertise, market knowledge, and user-centered design. With the right approach and technology, a real estate app can be a powerful tool for buyers, sellers, and real estate agents alike.

Comparing Costs of Different Types of Real Estate Apps

A lot of houses

The cost of developing real estate apps varies by type. Features, complexity, and target functionality significantly impact the final budget.

Cost to Develop a Property App vs. Other Real Estate Apps

Property Apps
Apps focused on property listings cost $30,000 to $70,000. Key features include search filters, maps, and contact forms. Adding advanced features like virtual tours can increase costs to $100,000 or more.

Real Estate Management Apps
These apps support property management tasks like tenant tracking and maintenance scheduling. Costs range from $40,000 to $120,000 due to their complex databases and automation features.

Custom Real Estate Apps
Custom apps tailored to niche needs, like commercial property leasing, cost $60,000 to $150,000. They often include integrations with industry-specific tools or analytics dashboards.

Average Cost of Residential Land Apps

Residential land apps focus on buying or selling land plots. Development costs are typically $20,000 to $60,000. Basic features include map integration, property descriptions, and contact options.

Additional Considerations

House on an app on a table

App development involves more than the initial build. Understanding hidden costs and choosing the right partner is essential for long-term success.

Hidden Costs in App Development

Ongoing Maintenance
Maintaining an app costs 15–20% of the initial development cost annually. This includes fixing bugs, server costs, and compatibility updates.

Feature Updates
Adding new features or improving existing ones requires additional development. Budget for periodic updates to stay competitive.

Marketing and User Acquisition
Marketing costs vary but can range from $5,000 to $50,000 or more. This includes app store optimization, ads, and social media campaigns.

Choosing the Right Development Partner

Experience and Expertise
Select a company with experience in real estate app development. Review their portfolio for similar projects.

Communication and Transparency
A good partner communicates clearly and provides regular updates. Transparent pricing and timelines are critical for trust.

Post-Launch Support
Ensure the developer offers post-launch support for maintenance and updates. Reliable support prevents disruptions and improves app performance.

Client Reviews and Testimonials
Check reviews or request references from previous clients. Positive feedback indicates reliability and quality.

Taking these steps reduces risks and ensures a successful project.

What are the features of a real estate app?

Person working on a real estate app

A well-designed real estate app combines functionality, ease of use, and features customized to its audience. Real estate app developers play a crucial role in creating these customizable mobile applications. Here are the key features:

User Features

  1. Property Search: Search filters for location, price, property type, and size help users find relevant listings quickly.
  2. Property Listings: Detailed property descriptions, high-quality images, and videos provide essential information.
  3. Interactive Maps: Map integration shows property locations and nearby amenities like schools or parks.
  4. Virtual Tours: 360-degree tours or videos allow users to explore properties remotely.
  5. User Accounts: Users can create profiles, save searches, and mark favorite listings for easy access.
  6. Chat and Contact Options: Built-in messaging systems or contact forms connect users with agents or property owners.
  7. Push Notifications: Notifications alert users about new listings, price drops, or upcoming deadlines.
  8. Payment Integration: Secure payment gateways enable deposits or booking fees directly through the app.

Admin Features

  1. Listing Management: Admins can add, edit, or remove property listings with a user-friendly dashboard.
  2. Analytics and Reporting: Data insights help track app usage, listing performance, and user behavior.
  3. User Management: Admins can manage user accounts, permissions, and access levels effectively.

How long does it take to develop a real estate app?

Person working at a computer

The timeline for developing a real estate app depends on its complexity, features, and the development process. Here's an estimated breakdown:

Basic Real Estate App

  • Timeline: 3–6 months
  • Features: Basic property listings, search filters, user accounts, and contact forms.

Medium Complexity App

  • Timeline: 6–9 months
  • Features: Interactive maps, virtual tours, push notifications, and payment integration.

Advanced Real Estate App

  • Timeline: 9–12+ months
  • Features: Advanced analytics, custom dashboards, AI-powered recommendations, and real-time chat.

How can I reduce the cost of real estate app development?

Money near a real estate app

Real estate mobile app development an be expensive, but strategic decisions can lower costs. Planning and choosing the right tools are key to saving money. Here are some practical tips to reduce app development expenses:

#1 Define Clear Requirements
Start by defining what your app should do. List only the essential features needed for your app's purpose. Avoid adding unnecessary features that increase complexity and cost.

#2 Use Pre-Built Solutions
Instead of building every feature from scratch, use pre-built tools or frameworks. Open-source libraries, plugins, and templates can save time and money.

#3Choose a Cost-Effective Development Team
Outsourcing to developers in regions with lower rates can save money. Freelancers or smaller development agencies may also be more affordable than larger firms.

#4 Use No-Code or Low-Code Platforms
No-code platforms let you create apps without traditional coding. These tools are cost-effective for simple or moderately complex apps.

Are there ongoing costs associated with running a real estate app?

Server room

Running a real estate app involves ongoing expenses to maintain functionality, improve performance, and attract users. Here are the key areas:

1. Hosting and Server Costs

Cloud hosting services are essential for app performance and data storage. Costs depend on traffic and storage needs, ranging from $100 to $1,000+ per month.

2. Maintenance and Updates

Regular maintenance ensures the app remains bug-free and compatible with new devices or operating systems. This typically costs 15–20% of the initial development cost annually.

3. Marketing and Advertising

Ongoing marketing campaigns are crucial for user acquisition and retention. Costs vary widely, from $1,000 to $50,000+ per month, depending on the strategies used (e.g., ads, SEO, social media).

4. Third-Party Integrations

Features like payment gateways, map services, or chatbots often involve subscription fees. These can range from $50 to $500+ per month, depending on the services.

5. Customer Support

Providing user support via chat, email, or phone requires dedicated resources. Costs vary based on team size and service level, typically $500 to $5,000+ per month.

Final thoughts

Home logo on an app

Real estate app development costs vary based on features, complexity, and platforms. Understanding these factors helps you plan effectively and allocate resources wisely. A clear strategy ensures you stay within budget while meeting your app’s goals.

Selecting the right development partner is crucial for success. Look for experience, transparency, and post-launch support. These qualities help avoid delays and ensure your app performs as expected after launch.

Finally, consider ongoing costs like maintenance, updates, and marketing. These are essential for keeping your app functional, competitive, and visible. Planning for these expenses upfront avoids surprises later.

References

Andrii Horiachko, Real Estate App Development Guide: Features, Process, & Cost

Idea Link, AI software cost estimator

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Rokas Jurkėnas

Founder
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Rokas is an entrepreneur and a No Code expert in one. He has founded two businesses, Idea Link, the leading No Code agency in the Baltic States, and Scantact, an online and on-site event management solution for expos, trade shows and fairs with lead retrieval functionality. He is the most prominent voice on the topic of No Code in Lithuania, having spoken twice in Login, the leading innovation conference in the country, sharing his knowledge in social media and news outlets.

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