In real estate lingo, the VALUE of a home is defined as “the most probable price which a property should bring in a competitive and open market, the buyer and seller each acting prudently, knowledgeably, and assuming the price is not affected by undue stimulus.” (Basic Real Estate Appraisal, 6th ed, 2005).
This price can vary within a neighborhood from block to block, and within a year, from season to season. It’s based on many factors: competition, location, appearance, amenities/upgrades, and motivation of buyer and seller as well. Although each sale is unique, it is our job, as your real estate agent, to best understand what is unique about your house and how it compares with the market – to give you our best professional opinion of value, and our advice on how to price the home for sale, to achieve your goals.
Call or email us anytime – or complete our “Free Home Valuation” contact form with your property address, and we’ll get the complementary CMA to you ASAP!
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