Summer Homebuying: Tips for Pricey Homes and Pandemic ConcernsSummer is the priciest time to buy a home, but cost isn’t the only challenge home buyers are facing in 2020. An uncertain economy
5 THINGS THAT GO INTO PRICING A HOME
Dated: December 12 2019
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.
1. 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.
3. Home build: Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics.
5. 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.
I know that Buying or Selling a home is a big deal! You are making a life changing decision. You need a Vision, the right Mindset, and enough information to put together the perfect Plan. As a Real Es....