Your property’s value is not established by how much you have invested in it or by how much you want to sell it for. Nor does it matter what one agent or ten agents think.
The buyers in the marketplace at the time determine what value the market will bring for the home.
Who is the property more valuable to? A buyer in the marketplace or the seller? Whomever values the home the most will own the home.
Pricing is part art and part science.
Our approach to pricing your home for sale involves:
- Comparing similar properties
- Tracking market movement
- Taking stock of present inventory
This is all in an attempt to come up with a range of value—an educated opinion.
Although no two valuations are ever exactly the same, they should be close enough to each other to establish a value. There is never a hard and fast price tag to slap on your home. Only an educated guess can be made, and ultimately it will be the market and the competition (other homes on the market in your neighborhood) that will dictate the price.