By: Robert A. Hulme - Realtor - Loan Officer
The Home selling price is determined by taking into consideration a number of different factors. First and probably the most important factor is the selling price of comparable homes in the homes selling area. Other factors include the current trend in the market, the availability of homes for sale in the area and the urgency of the seller. Obviously, the lower the selling price the quicker the home will sale.
Other factors to take into consideration include:
•· Average selling price per square foot of homes in the same area.
•· Major improvements to the home, such as swimming pool and other additions can add to the overall value of the home.
•· Interior and exterior amenities can be beneficial to an increase in selling price.
•· The general condition of your home's interior and exterior is important and can either increase or decrease the selling price
Remember that when it is time to price and sell your home it is best to consult a local Realtor to assist you during the process.
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