Why Pricing Your House Right Is Essential

I’ve mentioned this before, you most definitely want the most money for your home. But keep in mind the current market and what buyers are willing to pay for a similar home to yours right now. I might want my home to sell for $500,000. But current market conditions tell me otherwise. Homes near me that are most like my home are selling between $320,000 to $360,000. If I still choose to list my home at $500,000, buyers will overlook my home, leaving it on the market longer. This often creates a stigma about my listing, making buyers think something is wrong with the home.

If you’re thinking about listing your house this fall, let’s discuss how to price it right so you can maximize your exposure and your return.

Where Are Home Values Headed Over the Next 12 Months?

Experts forecasting home prices to increase over the next 12 months. The average of the projections is a 3.8% increase. On a $300,000 home, this is an increase of $11,400 in just 12 months. This is why home ownership is a powerful investment. DM me for a free market analysis of your home to find out how much equity you have right now.