How to determine your home’s value, that is a loaded question for sure. The answer will have a different answer depending upon who you ask.
Most Tucson homeowners believe that their home is worth much more due to the emotional memories that they have attached to it. When it comes to buyers, they will determine the value dependent upon whether it fits their needs. Those who are interested will feel that the home is worth more than those who are not interested.
Working with a Realtor
This is where is pays off to hire a real estate professional. Your Tucson realtor will be able to help you determine very closely the true market value of your home. They are not planning to purchase it for themselves, nor do they place sentimental value on the home. Therefore, they are able to remain unbiased in the information that they provide you. In addition, they don’t get paid for their service until your home sales. So, it is in their best interest to determine the best price to list your house.
Make a Comparison to Other Recently Sold Homes
Using a realtor will make this task much easier. Your realtor can run a report of all the homes that have been recently sold in your area. Then they will compare the ones that are similar to yours to help determine the price that you should be able to get for your home.
The best home prices to use are for the homes that have sold most recently, are located close to you and are similar to your home in age, size and features.
The realtor will know how to make adjustments for homes that may not exactly match yours. For example, a home that is larger than yours or one that hasn’t been updated lately.
Remove Your Feelings
This is probably the hardest thing to do. But you must remain objective if you want to determine the most accurate price for your home. Remember the buyer is not paying for the memories that you have attached to your home. Keep the 2 feelings separate as you work through the details for the most accurate price.
Review the homes that are currently listed
Take a look at all the homes that are listed in the Tucson area that have not sold, not just the homes in your area. These homes are the ones that you that you will have as competition.
Finding that accurate price is crucial in your house selling process. Should you price the house too high, no one will be interested in it. If you price the house too low, you could be losing money that might have been yours.
Tucson home sellers will need to do their research and stay as completely unbiased as possible. Once you select the correct asking price, you will know it by the immediate interest that others will have in your home. And oftentimes, you will get so much competition for your home it could drive up the price someone is willing to pay for it!
If you find yourself in a situation where you don’t want to go through the process of listing your home, consider contacting Stained Glass Homes. We can evaluate your home and give you a no-obligation offer for it. The price will be less that the typical market value, but you will not need to make any repairs, or have your home paraded through by strangers. We can close quickly, usually as fast as 14 days. Call us today at 520-200-3334 or click on the button below and send us your contact information, we will contact you shortly.
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