What Price Should you Sell your House for?

How do you nail down the final listing price of your home? You can start with checking the home prices in Incline Village NV.

One of the most difficult decisions when selling your home is what price to put your house on.

The listing price is a key part of your marketing plan. Setting the right price is the same as making the right first impression when you meet someone for the first time. The price is one of the first things buyers notice about your property, so it is important to determine the value of your house and price it accordingly.

Naturally, you would want to get the most money for your home. Who wouldn’t want that? 🙂

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However, if your price is too high your home may sit on the market for months. If you price it too low, you won’t get the full value from selling your property.

No matter what phase the market is in, it is always important to price your home competitively. Homes that are priced competitively appeal to qualified buyers who have the means to make a legitimate offer.

So how do you choose a price that will create interest? Here are some things that you should consider:

The Neighbors and Location

Your home’s value will be affected by its location and the homes that surround it. If a home is surrounded by run-down homes or noisy neighbors, it can have an influence on how buyers value the home. On the other hand, if your property is in an excellent neighborhood, it can have a positive impact on the value of your home.

The Market

You have to get an idea whether you are in a buyers’ or sellers’ market. When you know the type of market you’re selling in, you can create an effective pricing strategy.

If you are in a buyers’ market, you have to price your home competitively but slightly above the market value so that there will still be room for negotiation.

If you are in a sellers’ market, you will likely have multiple offers if you price your home right. You can even get more than your list price.

As an experienced real estate agent in Incline Village, I have intimate knowledge of the neighborhood and I can provide you with valuable information and insight into pricing your home to sell.

The Comparables

Check the homes that have sold in the neighborhood for the past six months. Doing so can help you determine if it is a good time to sell.

Make sure the homes are in close proximity to where you are located. Compare homes that are similar to yours in age and style. Look at the original asking price and the final selling price.

You can even pay a visit to homes on the market now in your area and find out what makes them better or worse than your home.

Don’t have time to look around? Put my years of market experience to work for you.

As the top Incline Village real estate agent, I can prepare a comprehensive market analysis and evaluation to determine the best listing price for your home.

My home evaluation is a side-by-side comparison of similar homes for sale and recently sold homes in your neighborhood. It includes the range of homes in the marketplace and the features that make them unique, including age, location, number of bedrooms, baths, room sizes, updates, condition, etc.

With the home evaluation you will see where your home fits – in the top or lower price range of similar homes.

Learn how to price your property right by clicking here.

Call me, Peg Augustus, at 775-831- 2846 to set up an appointment for me to meet with you to start your home valuation. There is no cost and no obligation.

Peg Augustus - REALTOR®

REALTOR @ Lakeshore Realty
954 Lakeshore Blvd. Incline Village, NV 89451
775-336-8631

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