Factors that determine the value of your home

Factors That Determine the Value of Your Home

There are many factors that determine the value of your home in the current market. The home itself is only part of the puzzle. We’ll take you through each factor to help clarify the process we use to establish your home’s value.

Location

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Where your home is located may be the single most important factor when determining the value of your home.

Condition

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The condition of your home affects the price and how quickly it will sell. The appearance both inside and out can bolster the buyer’s perception. Since emotion plays a large part in buying a home, the buyer’s first impression is important!

Price

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Establishing the correct price for a home will help ensure a quick sale for your home. This comparative market analysis will enable you to decide the optimum price for your home. Competition Buyers will evaluate your home against others they deem comparable. Properties currently for sale and properties that have recently sold will have the greatest impact on the market value of your home.

The Market

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The real estate market is always changing and these changes may affect property values. Knowing that it is difficult to forecast the market, a flexible marketing plan will help prepare you and your home for sale.

 

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For more help  Forster Agents  Margaret Price Real Estate will give you all professional advice you need.

Phone on 02 65557211

 

 

 

 

Margaret Price is the licensee of Pacific Coast Property Network, an innovative real estate agency on the Mid North Coast of NSW. Margaret graduated from North Sydney Technical College in Film Design and TV Production. After graduating Margaret forged a successful career in the media, and with husband David Price worked on television shows like The Mike Walsh Show and drama shows like Number 96. After a brief hiatus to enjoy the privileges of motherhood, Margaret was enticed into changing careers and join a friend in a real estate company in Kurrajong on the outskirts of Sydney. The business of real estate was an instant passion and after gaining her license at the University of Western Sydney decided to make the ultimate sea change and relocated to Forster on the Mid North Coast. The years of media and business training have been invaluable and Margaret Price Real Estate is now one of the most innovative real estate agencies on the coast.
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