Why Zillow Estimates Aren’t Accurate!

Are you thinking about selling your house? Here is a 2-minute read that will help!

Insider tips for evaluating your home:

While it’s hard to put a price on the home where you have shared memories with loved ones, there are some key elements I, and any qualified agent, consider when analyzing a Comparative Market Value.

The key MARKETING tool for selling your home quickly is listing it at the right price!

#1. Location. Every zip code has a different average sales price. The nicest home in one area can be worth less than an average home in another. It is important to know the metrics of specific locations.

#2. Style. Two-story, Ranch, Split-level. Believe it or not, the style of your home matters to its value. Apples, oranges, and peaches. Comparatively, many prefer single-floor living, so it is important to compare apples to apples… so to speak.

#3. Square footage and Lot size. Square footage is a rather obvious one, though, at a certain point, conversely, more square footage doesn’t always add value.

#4. The details. Bedroom, bathrooms, type, size of garage, and outbuildings. All of these details explicitly add or subtract value from comparable properties when comparing to the subject property.

#5. Condition. Homes with regular updates and repairs are valued higher than those that need to be refreshed. Buyers look for move-in ready homes including newer appliances and more modern, yet classic (not trendy) finishes.

Creating listing prices for homes is analytical – but it’s also an art! As a representative for buyers and sellers, negotiating successful sales, the key to getting an offer quickly often comes down to finding the right price that gets people interested and competing for your property.

If you don’t want your house to sit on the market, be sure to have a Comparative Market Analysis done by a qualified real estate professional who knows your market.

Call me, Nicole, today! 1.917.808.6367

P.S. My area code, 917, is a New York City number. I relocated to the beautiful Susquehanna River Valley 6 years ago!