5 CRITERIA FOR PRICING A HOME:
When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison.
Location: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better.
Date of sale: It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent sales data available.
Home build: Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics.
Features and upgrades: Remodeled bathrooms and kitchens can raise a home’s price, and so can less flashy upgrades like a new roof or HVAC system. Be sure to look for similar bells and whistles.
Sale types: Homes that are sold as short sales or foreclosures are often in distress or sold at a lower price than they’d receive from a more typical sale. These homes are not as useful for comparisons.
For more information on how we can help you sell or buy your home, give us a call today!
A common misconception vendors often hold is that "all agents are the same." In this week’s Market Update, Mark explains how the right agent can make you more money. Even at a discounted rate, many agents are over pricing their skills and services. Pay for quality and you shall receive quantity 😉
Tonight Garden City elder @ronniejenkins and I taught a seminar on Housing & Transience in the Bay Area. It was a fruitful discussion.
1 2610 hours ago
Spring is the time that the #housing market bounces back after a traditional winter lull, presenting opportunities for both #buyers and #sellers.
The #property market showed “a degree of resilience as a surge of properties flooded in” for the first “Super Saturday” auction day at the weekend, reported the AFR.
The clearance rate rose from 52% to 56% over the weekend reported real estate analyst CoreLogic — despite most people focusing on the footy finals.
More properties are hitting the market and an increased number of buyers are out looking for bargains given lower property prices in recent months.
That could mean it’s a good time to revisit ASX-listed #realestate#stocks.
Check out Stockhead.com.au for more info 👆🏼 #smallcapstocks#investors#smallcap#shares#ASX#housingmarket#propertymarket
Sometimes I don’t see ill intentions. My kindness gets taken for weakness. The worst part is that getting hurt doesn’t bother me anymore. I actually embrace pain now. Everything good that has happened to me, happened through some downfall or some low point. I welcome the ugly, the nasty, the dirtiest of intentions with open loving arms. People like me have super high highs, and very low lows. I don’t want my life to be a steady stream of okay and safe. I’m a rider. Let’s go. 💯
Located near historic downtown Grapevine, this spectacular modern farmhouse is bright and charming! This home was recently renovated from floor to ceiling, and it shows. Come explore everything this home has to offer today - link in bio.