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What
is your home worth?
There are many elements that affect the value of your home
Some
under your control, but sadly, most are not.
The condition
is certainly under your control:
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What does it look like from the curb?
Is the landscaping attractive? How is the paint?
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Are there maintenance issues?
How is the roof, the plumbing, carpets, floors?
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The furnishings
While people are not buying your furniture, they do make a presentation.
What do the draperies look like.
Is the house clean, neat and sparsely decorated?
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Neutral colors are easier to sell than
vibrant or busy patterns |
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WHAT SEASON during the year you decide to sell may, or may not,
be under your control.
Other factors
are simply out of your control:
Your few blocks that make up your neighborhood:
Do they demonstrate pride of ownership? Are the neighbors improving their
homes? Are your near distractions, like a freeway or an attractions, like
a park or shopping?
Your city or community:
Are jobs moving in or out? Is it a well-run government?
A highly desirable location?
The general economy:
How is consumer confidence? How is the stock market? Is it an election
year? What are interest rates?
Your competition:
It is more than just your direct neighbors. You competition is every house
on the market in a fairly large area in your price range. What are the
buyers other choices to spend their housing dollars?
Do the best you
can with what you can control
Carefully consider everything
Try not to judge the information, or take it personally. Just use it
to make the best choice your can about price. Go for a price that is just
over what other, similar homes have sold for and just under what your
competition is asking.
Then, keep integrating any new information that the MARKET gives you
along the way.
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