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What Affects the Value of Your Home When Selling?




Let's begin with this direct statement:

The market is who decides what a home is worth, not the real estate agent.


The market is what provides the information on where to price your property and how to market it. Below are a few factors that will affect the value of your home in today’s market.


Location: Location is the single most important factor when determining the value of your property.


Condition: The condition of the home affects the price and speed of the sale. As prospective buyers often make purchases based on emotions, first impressions are VERY important. We can provide assistance when looking to optimize the physical appearance of your home in order to maximize the impression on your buyers, and drive prices and offers way up.


Price: Pricing your home properly from the start is THE deciding factor on how long it will take your home to sell


Competition: Prospective buyers are going to compare your property - both condition & price - to other homes in and around your community. Those buyers will determine value, based upon properties that are currently listed or just sold in your area.


Timing: Property values are affected by the current real estate market. Because we can’t manipulate the market, we will collaborate to determine pricing and strategies for the sale of your home. The first 30 days is the biggest window of opportunity as a new listing.

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