Determining Factors for Your Home's Value

By
Real Estate Broker/Owner with Emerald Coast Realty

You want to sell your house, and you know the value has increased since you originally purchased it. Pricing your house correctly to the market is a critical factor in how quickly the home will sell. How can you determine the present value to get the best price when you sell?

Establishing The Correct Listing Price

You could price your home for any amount you think it is worth, but your house may not sell at that price. To make the most significant impact on potential buyers when first list your home on the real estate market, it is essential not to overprice it. In other words; price it to the market. You can lower the price at any time, but you may miss out on a buyer before then. If you under price your home, you may receive multiple bids. Sometimes this strategy in a hot market can drive up the price, but this is a gamble you may not want to make when you are selling your home. It falls into the science of supply and demand. Some factors to consider that determine your home's value are as follows: Read More >

 

Article by Emerald Coast Realty

Comments (1)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope 2019 is a great year for Emerald Coast Realty.

Dec 29, 2018 06:17 AM