Selling A Home - Understanding Market Value

By
Real Estate Agent with Better Homes and Gardens Rand Realty

How Much Is Your Home Worth

Understanding Market Value

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Market-sensitive pricing can be the key to maximum market exposure and, ultimately, a satisfactory sale.

The existing pool of prospective buyers determines a property's value, based on:

  • Location, design, amenities and condition.

  • Availability of comparable (competing) properties.

  • Economic conditions that affect real property transactions.

Factors that have little or no influence on the market value of a house include:

  • The price the seller originally paid for the property.

  • The seller's expected net proceeds.

  • The amount spent on improvements.

The impact of accurate pricing:

  • Properties priced within market range generate more showings and offers, and sell in a shorter period of time.

  • Properties priced too high have a difficult time selling.
For assistance with any of your real estate needs, please contact me by email, phone or visit me at my office, whether it's to get started on helping you realize your goals and dreams, or just to ask a question - no pressure, no hassle, no obligation - just a friendly conversation. I would welcome the opportunity to make a difference for you.
 
Anthony Stokes Pereira

Phone: (845) 770-2188

Cell: (845) 538-07021
Fax: (845) 624-7134
 

 
 

If your house is currently listed with another broker this is not intended as a solicitation of that listing.This is intended to be informational only. Please be advised that real estate practices vary from state to state and market to market. The information contained herein does not constitute legal advice.

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