Tuesday, March 22, 2016

How Much Is Your North Jersey Home Worth?


Want to sell your home? Get a FREE home value report.  
Want to buy a home? Search all homes for sale. 

Today we are going to discuss how you can figure out what your home may be worth during the upcoming spring selling season. If you’ve been thinking of selling, here’s what you’ll need to do.

The first place to start is to find your x-factors. Find out what recent homes in your area have sold for, but keep in mind what you have specifically done with your house in terms of upgrades because that’s going to affect pricing as well.

The second thing you should do is reach out to a trusted real estate professional who can provide a Comparative Market Analysis, or CMA, to give you a really good estimation of your home’s value.
 

Finally, you’ve got to price your home based on the three C’s. The price needs to be based on all the criteria above, but it also needs to adhere to these three C’s: the competition for your home, the current consumption rate of homes on the market, and the condition of your home.


If you have any questions for us about getting an accurate home sale value, or anything else real estate related, give us a call or send us an email. We’d love to hear from you!