Setting a realistic price for your property is crucial to sell in a timely manner and for the highest price possible. Current market conditions determine the value. In understanding the market value of your property, we must deal with the following influencing factors:
Physical qualities - Location - Age - Size of house and lot (acreage) - Floor plan and architectural style
Current real estate market conditions - Interest rates and availability of financing - Buyer demand - Prices of recently sold properties - State of the economy - Seasonal demand
The competition - The number of similar properties for sale - Their prices, financing terms, location and physical condition
Factors that have little or no influence on the market value: - The price you paid for the property - The amount you spent on improvements - The amount your home appraised for - What the tax office says it is worth - What you heard your neighbor's house sold for
The best price obtainable will ultimately be decided by the market. It is highly unlikely that a buyer will pay more for your property than for a similar property with like features.
Properties that do not meet the current competition in price and terms simply do not sell. In fact, they may even help sell the competition!
We will work with you to price your home at the fair market value: the price which comparable homes have sold and the price that many buyers are willing to pay.
To request a cyber-CMA of your home's current value CLICK HERE.
If you have questions or are interested in buying or selling Real Estate in Winston-Salem, Lewisville, Clemmons and surrounding areas of Forsyth, Davie, Davidson, Yadkin and Guilford Counties of NC please feel free to email or call us at (336)413-0288.
Information contained herein is believed to be correct, but we assume no liability for its accurancy.
Weichert Realtors® is a registered trademark licensed to Weichert Realtors®. An Equal Opportunity Company. Each Office Is Independently Owned And Operated.