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What Factors Determine Your Listing Price?

The Jonesy Group

You Have Heard It's A Strong Seller’s Market. But What Actually Determines What Your Home Is Worth?

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If you’re thinking about selling, you need to read this. Oh and don’t forget to watch the video above.
 
Pricing Your Home To Sell Factors:
 
1. Location
 
Perhaps the most important one. The desirability and your proximity to places such as beaches, restaurants, shopping, and schools largely impact the price of your home. After all, this is something your potential buyer will not be able to change. 
 
2. Size & Age
 
Newer and larger homes will be listed for a higher price. For example, if you had the choice of purchasing a home that was built in 2015 over a home built in 1970, which would you choose? Yup, you’re probably going to pay a little more for it, too.
 
3. Upgrades
 
Buyers tend to buy cosmetically. Let that sink in for a minute. Any upgrades and amenities your home has to offer, will directly impact the list price. Some people are up for renovations, but many are very happy with that “move-in” ready home. 
 
Lastly, we go through a process of pulling a comparative market analysis, CMA for short. This provides statistics on homes that are currently for sale, pending, and have sold. We are able to see what those homes sold for and how long they were on the market. This information helps us to determine the best list price for you.  
 
 
If you would like a CMA of your personal home, and what’s recently sold around you, we’d be more than happy to provide you with one, just follow the link below. 


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