Market Assesment--What is my home worth?
The best approach is to price a home just within the market value range. This allows room for negotiation, without sacrificing exposure. Make no mistake, we want you to get the best possible price for your property. However, when a home is priced too high for the market:
- It attracts lookers, not legitimate buyers
- It implies that you aren't motivated to sell
- It reduces the number of showings
- It helps the competition look better
- If it doesn't appraise at the higher price, a buyer may not be able to secure a loan
To get specifc about the market value range for your home please fill in the questionaire below as completely as you can and I will deliver you a "No Obligation" Market assesment report in a few days to include the following:
The Market: the market approach is based on the premise that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute.
Competitive Listing and Sale Prices: to form an opinion of value, a I will analyze current listings and sale prices of similar homes in your area. I will consider properties that have recently sold, are currently for sale, or were offered for sale but did not sell. Although none of these properties is identical to yours, only those that have a high degree of similarity are noted in the report.
Comparative Evaluation: I will prepare a detailed description of your property and an estimate of the selling price range in today's market. This is known as the comparative or competitive market value of property.