While there are some sources online that will give you a rough estimate of what your homes value is, there is no automated way of generating an accurate valuation of your home without an inspection of the property and the neighborhood. Just like an with an appraisal, a well qualified Realtor should come out and take measurements of the rooms, notate the finishes throughout your home and make note of any projects and upgrades that you have completed since living in your home. Other factors, such as adjacent open space areas or parks may increase the relative value of your home while backing up to a major street may have a negative impact.
There are usually a couple different reasons why some homeowners choose to sell their homes without the help of a professional. The most common reason is that there simply isn't enough equity in the home to afford the help of an expert. Statistics show that homeowner who use a professional Realtor will on average net more profit and sell in a shorter amount of time than those who go it alone. Here are a few tips to help you sell your home on your own.
There are many things that you can do to ensure that you are selling your home for top dollar, but the most important thing is to prepare your home so that you generate the most interested buyers. Follow these steps to maximize the profit when selling your home.
Finding a good Realtor to sell your home is fairly easy. Remember, the time that someone has done a particular job isn't the best indicator of their ability to do that job well.
Selling your home AS-IS is achievable, but this must be approach with finesse and care. There are some creative ways of successfully selling your home "AS-IS," but the first step is to get under contract with a buyer. The most important thing to do is to NOT publish the home "AS-IS". This will stop many potential buyers from even looking at your home. As the seller, you don't have to fix any of the items that the buyer objects to. Keep in mind that most buyers don't make offers on homes lightly. The buyer liked your home enough to make an offer that was acceptable to you, so you know that they want to buy it. Make sure that you are not pricing your home as if it were in great condition if it needs some TLC.
There are many variable that determine the cost of building a new home. Some questions that will have a major impact on the answer to this question are:
Since there is no way to answer the general question of "How much would it cost to build a home?" without first answer at the the seven questions above, you should discuss your goals with a builder or Realtor who has experience as a builder (Mark J Main has experience as both a home builder and developer, so he is well suited to guide you in this process).
Pricing your home to sell fast is a fairly straight forward process. The first step is to have a professional and detailed market analysis of your homes present market value completed. Most Realtors will conduct a comparative market analysis free of charge. Be sure that the Realtor who you have do this for you understands neighborhood dependent variations in value for area unique features such as the value of a walk-out basement or the value of stucco siding. Once you have determined the present fair market value of your home, you are ready to determine the price to list it at in order to sell your home fast. As a general rule, you should list your home at about 5% Below the value suggested by the analysis. Not only will you sell your home fast, but you will probably get an offer that is higher by at least the 5%. WIN-WIN for you.