PRICING YOUR HOME
SETTING A FAIR PRICE
Your home ’ s location and setting influence its value . A home inside a quiet subdivision sells for more than an identical home on a busy street . Also , remote areas typically sell for less than suburban areas . Views , streams , and trees usually enhance value . Unfortunately , you obviously have no control over the location .
New homes enjoy a marketing edge over resale homes because they are shiny and clean . Builders enhance their appeal by offering model homes ( clean , bright , decorated in stylish colors , and with amenities ) for buyers to examine . Our goal is to make your home as close to a model home as possible while being sensitive to costs . You have nearly complete control over condition and you can increase value and decrease marketing time by having your home in the best possible condition .
Once you have made the basic repairs to your home , give your home the model treatment . Your goal is to dazzle buyers willing to pay for a home in mint condition . Paint , floor polish , new light fixtures and fresh bedding plants are an inexpensive ways to take your home from plain to profitable . Feel free to ask us if you would like our advice about any “ presentation ” items . We will always try to keep the expenses down and maximize your profit .
COMPETITIVE MARKET ANALYSIS
You don ’ t need to spend money on a formal appraisal . You can price your home based on a competitive market analysis , which any realtor you choose to work with should provide . The competitive market analysis will take into account recent sales data in your neighborhood and your home ’ s characteristics .
Sellers and buyers are very knowledgeable about the market . Because of this , it is wise to price your home as close as possible to the actual sale price you wish to receive or risk losing a number of prospective buyers . The longer your house sits on the market , the less likely you are to get the best price .
It is true that spring and fall are when the most buyers are looking for a home , but we sell a number of homes consistently all year round . The best time to put your home on the market is when you are ready to sell !
AN ORIGINAL PUBLICATION | HUGHES REAL ESTATE GROUP OF SILVERCREEK REALTY GROUP | 13