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FREE Comparative Market Analysis for Philadelphia Area Sellers
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The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price I can provide you with a comprehensive analysis of comparable properties sold and offered for sale in your neighborhood. To provide a more detailed Comparative Market Analysis, I would be more than happy to also assess your listing in person.
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Factors That Determine The Value of Your Home
By E. E. Kane
A quick sale of your home may depend on not overpricing your property, especially in a competitive market. To determine the value of your home, ask your realtor for a comparative market analysis (CMA). Here are some factors that your realtor will consider when pricing your home to sell.
The most important factor that affects your home's value is location. A house in a desirable neighborhood will be much more valuable than the same house in a less desirable neighborhood. Some things to consider are, good schools, proximity to shopping, parks and recreation. Also take into consideration that being close to a good job market will add value to your property.
The square footage of your home and property are a large factor when determining its value. Your home's value increases based on the number of bedrooms and bathrooms that it has. But whether you will get a fair market value. or more, depends on your home's condition. |
If your home needs a new roof, heating or cooling system, this will detract from the value of the home. Even things like dated counters and floors can negatively affect your home's value.
It is usually a good idea to update your home, but consider carefully how much of an investment you can afford in the house you are selling. If your home is in need of updating, any repairs or improvements you make will only bring the home back into the fair market value range. It will not necessarily increase the value of your home. To ensure you get the best return on your home improvement dollars, consult with your realtor before making major home improvements.
If you don't want to take on a major home improvement project, such as adding rooms, investing a bit of time and money to paint walls can make an amazing difference in the appearance of your home. Also taking care of the small, obvious repairs and fix-ups will convey to buyers and brokers that you have been a conscientious caretaker of your property. | | |
To obtain free no obligation Market Analysis, simply enter your criteria below, and I will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept confidential. There is no obligation. Please indicate when you are thinking of selling and if you are moving within Pennsylvania or relocating to another state.
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| Notes: |
Please describe any special features and recent upgrades.
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park, major renovations in recent years)
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FREE LOAN PRE-APPROVAL
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CLICK HERE TO GET YOUR FREE PRE-APPROVAL
Search for available properties:
MLS Search
TREND is a Multiple Listing Service for over 32,000 real estate professionals in and around the Philadelphia metropolitan region. For more than ten years real estate agents have been provided with real estate listing information through Trend . Now you, the consumer, have the ability to look up homes listed on MLS through my web site.
Just click on the link below to access the MLS information. Please, do not hesitate to contact me if you have any questions. It will be my pleasure to be of service to you. If you know someone thinking about buying or selling a home, I will be happy to help them as well.
Monika Nosowski
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