🏠 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start but comparing it to homes on the same street or block is even better.
🏠 𝐃𝐚𝐭𝐞 𝐨𝐟 𝐒𝐚𝐥𝐞: It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent sales data available.
🏠 𝐇𝐨𝐦𝐞 𝐁𝐮𝐢𝐥𝐝: Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics.
🏠 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 𝐚𝐧𝐝 𝐔𝐩𝐠𝐫𝐚𝐝𝐞𝐬: Remodeled bathrooms and kitchens can raise a home’s price, and so can less flashy upgrades like a new roof or HVAC system. Be sure to look for similar bells and whistles.
🏠 𝐒𝐚𝐥𝐞 𝐓𝐲𝐩𝐞: Homes that are sold as short sales or foreclosures are often in distress or sold at a lower price than they’d receive from a more typical sale. These homes are not as useful for comparisons.
𝑻𝒉𝒊𝒏𝒌𝒊𝒏𝒈 𝒐𝒇 𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝒀𝒐𝒖𝒓 𝑯𝒐𝒎𝒆? Download RealtorTawanaBourne.com‘s FREE Seller’s Marketing Guide to find out how you can sell your home in LESS THAN 39 DAYS! Click here ---> http://bit.ly/2CiXRsm.
Tawana Bourne, Broker - REALTOR® - Investor
Representing Keller Williams Realty
📞 (Mobile/Text) 860.834.1220
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