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Determining Property Value

There are a number of factors that go into determining the value of a home.

  • It is realistic to compare the homes in your area and the asking prices of those homes.
  • The law of supply and demand always comes into play. Do you live in an area with increasing job opportunities or an increasing supply of homes?
  • Owner's needs greatly impact the selling price of a home. Do you need a quick sell or do you have time to sit on your sale?
  • On many occasions, the seller will negotiate the price, split closing costs or offer different allowances to the buyer, to make the sale of the home complete.

Only a qualified Duffy Real Estate agent can provide a fair market analysis of the homes for sale in your area. A Market Analysis is free and without obligation. For more information on how to receive a FREE Market Analysis that will help you properly determine the value of your home, contact us today.

 

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