It is important when selling your home to understand it’s real value. A home that you have lived in, created memories in, and added your personal touches to, may hold more value to you emotionally than a buyer would be willing to pay.
By the same token, a home that you have outgrown and feel frustrated with, may seem less valuable to you than the buyer who sees it’s potential and may be willing to make an investment in, for the opportunity to “make it their own.”
If the selling price of your home is too low, you could potentially miss out on some good money. If the selling price of your home is too high, potential buyers will look over it in favor of something more affordably priced.
A home that sits on the market for too long not only keeps dollars out of your pocket, but could also earn an unfavorable reputation making it harder to sell. The goal is to set a price that is fair and accurate for market value, without being too high or too low.
Market Value is the price at which a house in its current condition should sell for within 30 to 90 days given the current economy. A home’s fair market value is determined by a variety of factors including the quality of the build, the condition it is currently in, the size of the house, the size of the property on which it sits, the location of the home, and the price that other similar homes in the neighborhood have recently sold for. It truly takes a trained professional to understand all of these nuances and help determine a fair asking price for a home.
An accurate market value can help your home sell faster making the overall home selling process much smoother and more pleasant. So take the emotion out of pricing your home and let a professional such as Deb Ward help you figure it out. She can make selling your home a positive experience.
Give the Deborah Ward & Associates Team a call today to find out more about listing your Tampa Bay home for sale! 727-216-9247