DETERMINING HOUSE VALUE

Factors that Affect Your House value in today’s Market!

Location :    

Location is the single most important factor in determining the value of your house.

Competition:

Prospective buyers compare your property against competing properties. Buyers will perceive value based on the properties that have sold or are available in the area.

Timing:

Property values are affected by the current real estate market. As the real estate market cannot be manipulated, a flexible marketing plan should be developed which analyzes the current marketing conditions and individual features of the property.

Condition:

The condition of the property affects the price and speed of the sale.  As prospective buyers often make purchases based on emotion, first impressions are important.

Optimizing the physical appearance of your home will maximize the buyer’s perception of value.

Price:

Pricing your home properly from the very beginning is an important factor in determining the length of time it will take to sell your home.

Contact me for a no-obligation desktop Comparative Market Analysis (CMA). Property address and email required.

What Is A Comparative Market Analysis (CMA) In Real Estate? A comparative market analysis is a tool that real estate agents use to estimate the value of a specific property by evaluating similar ones that have recently sold in the same area.