How much is my property worth?


There are many elements that affect the value of your home...From the age to the condition to the way the neighbors take care of their front yard...

Some are under your control, but sadly, most are not.

The condition is certainly under your control:

What does it look like from the curb?
Is the landscaping attractive? How is the paint?
 
  Are there maintenance issues?
How is the roof, the plumbing, carpets, floors?
 
 

The furnishings
While people are not buying your furnishings, they do make a big impression!

What do the draperies look like? The kitchen counters?
What about the bathrooms? Need to clean the carpets?
Is the house clean, neat and sparsely decorated?
 

  The paint job
Neutral colors are easier to sell than vibrant or busy patterns

WHAT SEASON during the year you decide to sell may, or may not, be under your control.

Other factors are completly out of your control:

Your few blocks that make up your neighborhood:
Do they demonstrate pride of ownership? Are the neighbors improving their homes? Are your near distractions, like a freeway or an attraction, like a park or shopping?

Your city or community:
Are jobs moving in or out? Is it a well-run government?
A highly desirable location?

The general economy:
How is consumer confidence? How is the stock market? Is it an election year? What are interest rates?

Your competition:
It is more than just your direct neighbors. You competition is every house on the market in a fairly large area in your price range. What other choices do buyers have when spending their housing dollars?

Do the best you can with what you can control
Carefully consider everything

Try not to judge the information, or take it personally. Just use it to make the best choice your can about price. Go for a price that is just over what other, similar homes have sold for and just under what your competition is asking.

Then, keep integrating any new information that the MARKET gives you along the way.

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back to Seller's Corner

 

Jay Madigan
860-729-3263 Cell Phone

Send Jay EMAIL

RE/MAX East/West of the River
297 E Center St
Manchester  CT  06040
Office:  860-647-1419
Toll Free:  800-544-4932
Fax:  860-649-4490

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