IMPORTANT FACTORS THAT HELP DETERMINE YOUR PROPERTY VALUE

By
Real Estate Agent

 

Attention Mr. Seller:  There are important factors that help determine your property value.  To help determine how long it will take to sell your home, the proper balance of these factors will expedite your sale.

CONDITION

Property condition affects price and speed of the sale.  Optimizing physical appearance and advance preparation for marketing maximizes value.  A well staged home sells faster and for more money.

COMPETITION

Buyers compare your property to competing properties and there are plenty out there.  Buyers interpret value based on available properties.

LOCATION

Location is the single greatest factor affecting value.  Neighborhood desirability is basic to a property's fair market value.  A quiet neighborhood is very attractive to buyers.

SCHOOL DISTRICT

It is very important for young families to select an area with excellent school district.  Long Island, NY has excellent school system and it is the reason most buyers from New York city and its surrounding boroughs are flocking to Long Island.  Each school district has its own merits and buyers have their own preference. 

TIMING

The real estate market may reflect a sellers' market or a buyers' market.  Market conditions cannot be manipulated; an individually tailored marketing plan must be developed accordingly.

PRICE

Even if all the above conditions are favorable, if the property is not properly priced, a sale may be delayed or even prevented.  Reviewing Comparative Market Analysis will assist you in determining the best possible price.  OVERPRICED HOMES WILL NEVER SELL. 

 

 Copyright © 2010.  By Rosalinda Morgan, "The Rose Lady".  All rights reserved. *IMPORTANT FACTORS THAT DETERMINE PROPERTY VALUE * 

 

If you are interested in selling or buying a home in Brookville, Muttontown, Oyster Bay, East Norwich, Oyster Bay Cove, Syosset, Laurel Hollow, Bayville, Centre Island and Mill Neck, please call for more real estate information -

Rosalinda Morgan, "The Rose Lady", Brookville NY Real Estate Professional

Licensed Associate Broker

Laffey Fine Homes

Leading RE Companies of the World  

Address: 6336 Northern Blvd., East Norwich, NY, 11732

Pick up the phone and call today!

Cell Phone: (516) 385-0584

Email Me - rosalinda@rosalindamorgan.com

Visit my website - www.rosalindamorgan.com

More about me...

  

 

 

 

Comments (1)

Rosalinda Morgan
Brookville, NY
"The Rose Lady"

Don - Thanks for dropping by.  Have a great weekend.

Sep 18, 2010 01:29 AM