Selling Your Louisville and Surrounding Areas Area Home?
Putting a value on a home in it's current market can sometimes be a challenge to even the most experienced appraiser or Realtor. Whether it's knowing how to put a value on square footage, or a recent upgrade, you will want someone who has experience.
Appraisers and Realtors both can take many hours of training to gain the experience to confidently put a value on a piece of real estate.
Below are some of the key factors that need to be researched to price a home properly to list.
- How to price square footage for the home's location. Square Footage holds different values. Above grade and below grade, unfinished and finished can greatly affect price.
- How to make adjustments for the year the home was built, structural makeup, and floor plan.
- How to find the "comparable home" that have sold within a determined timeline, making them an effective comparable. The geographic location and even the season should be taken into account.
- Knowing how to put a value on any updates or changes that have been made to the home and/or property. New HVAC, roof, water heater, appliances, updated kitchens and bathrooms, etc. all hold a certain value depending on the age.