Determining Your Home's Price

The real estate market is constantly fluctuating, so pricing is not an exact science. Rather, it's a reasonable figure derived from a number of different components such as:

• The expertise and market knowledge of your real estate associate.
• Hard facts such as lot size, square footage and condition of your home.
• Desirability factors, including location, special amenities and property attributes.
• Selling and listing prices of comparable homes.
• A sophisticated real estate marketing plan.
• Your level of motivation.

It's important to note that the following conditions do not affect your home's price.The profit you wish to make from the sale.

• The amount of money you've spent on improvements.
• What other sources, such as friends and appraisers, have told you its worth.
• What you originally paid for the home.

 The status of the current real estate market.