Rely on experts to determine market value.
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| Assessing the correct value of a home requires knowledge and experience. There are numerous variables that impact how much a home is worth, and my role as your Coldwell Banker Bain agent is to assess which factors are most relevant, and analyze their impact. |
| FACTORS THAT MAY IMPACT THE CURRENT VALUE OF YOUR HOME: |
| Physical Qualities |
Market Conditions |
The Competition |
Size of home and lot
Number of rooms
Floor plan
Location
Age
Condition |
Mortgage rates
Buyer demand
Seasonal demand
Economic conditions
Price of recent sales
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Number of similar properties for sale
Price of competing properties
Financing terms
Location
Physical condition
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| FACTORS THAT DO NOT MATTER TO THE VALUE OF A HOUSE: |
- > Original price
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> Cash proceeds you want or need from the sale
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> Tax-assessed value
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> What others may say the property is worth
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> Past appraisal
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> Amount of money invested
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Analysis is the key. The right price attracts the most buyers.
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| Pricing a home correctly requires insightful analysis of all factors influencing the market value of your home. My experience as your Coldwell Banker Bain agent is invaluable to you in determining the right price for a successful sale. Properties priced at their true market value generate optimal exposure and sell in the shortest time.
Properties priced too high attract fewer buyers, who are comparing your property with other properties listed in that range. An overpriced home will have a longer list time and may ultimately sell for a lower price.
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