Factors
that Determine the Value of Your Home
There are many factors that determine the
value of your home in the current
market. The home itself is
only a part of the puzzle. We’ll take you through
each factor
to help clarify the process we use to establish your home’s
value.
Location
Where your home
is located may be the single most important factor when
determining the value of your home.
Condition
The condition
of your home affects the price and how quickly it will sell.
The
appearance both inside and out can bolster the buyer’s
perception. Since
emotion plays a large part in buying a home
the buyer’s first look is important!
Price
Establishing the
correct price for a home will help insure a quick sale for
your home.
Competition
Buyers will
evaluate your home against others they deem comparable.
Properties currently for sale and properties that have
recently sold will have
the greatest impact on the market
value of your home.
The Market
The real estate market is always changing
and these changes may affect
property values. Knowing that it
is difficult to forecast the market, a flexible
marketing plan
will help prepare you and your home for sale.
** information was duplicated from an
e-Neighborhood generated report |
