How to Set a List Price of your Home
When listing your house for sale, setting a home list price can be difficult. 80% of the homes on the market are overpriced and 20% are priced correctly. There are a number of factors that will determine the property value of your home. Home value prices can vary by location and condition of the home. The number of homes on the market will also affect the list price of a home. Gaining access to your local MLS (Multiple Listing Service) can help you research homes for sale in your neighborhood. A local realtor can also provide you with updates on the local housing market including home prices in your area. Current houses for sale, property for sale that is under contract, and past home sales should be accounted for when determining your homes worth. Without proper research it may be difficult to estimate the value of your home.