If you’re selling your home, you’ll have a very personal perspective on what it‘s worth. You’ll remember all the hours you put into making the backyard flower garden beautiful, or the money you spent on installing new hardwood floors in the living room and hallways.
It’s natural to want these improvements factored into the asking price.
However, potential buyers don’t have that same perspective.
Although they may appreciate the improvements made to the home, buyers will only be interested in paying current
market value for your property. That’s the price for which comparable homes with comparable features are currently
selling in your area.
Potential buyers will notice the final features: the hardwood floors, the freshly painted bedrooms, the sparkling new
master bathroom. Features like these will certainly help sell your home faster and for the best price — but that price will
likely be close to the current market value.
Now, it’s tempting to try to set a list price high above the current market value in the hopes that some buyer will
appreciate all the time and money put into the property. But that strategy rarely, if ever, works. In most cases, pricing
your home higher than comparable properties on the market only discourages potential buyers from viewing it.
Want to find out the current market value of your home? Call me today, 419-283-3409.