Pricing your home
“The market decides how much your home is worth”
Price
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Location
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Condition
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Competition
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Timing
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Breaking the myths
Factors that DO influence market value
- Supply and Demand
- Economic Conditions
- Asking & Selling Prices of Competing Homes
- Your Home’s Condition
- Buyer’s Perception of Value of your Home
Factors that DON’T influence market value
- The Price the Seller Paid for the Home
- The Seller’s Expected Net Proceeds
- The Amount Spent on Improvements