Your home is worth whatever a Buyer will pay for it. We can complete a Comparative Market Analysis (CMA) to use as a guide in determining the current market value of your home. The Comparative Market Analysis can help you in making good pricing decisions.
Basically, a comparative market analysis is done by comparing the actual sales of homes that are similar to yours (such as, size, age, condition and location). The comparative Market analysis takes in to consideration:
- The location of your home.
- The condition of you home.
- The price of other homes that previously and/or recently sold in your neighborhood.
- How your home compare to homes that recently sold.
- The current market conditions.
The comparative market analysis is used to establish a market window. The initial asking price is then determined by you based on the market condition and how soon you want to make the sale.
Contact us for a comparative maraket analysis.
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