Home Values

Real estate professionals use a Comparative Market Analysis (CMA) approach to assess a home's market value: a well-executed CMA provides a sound basis for a home value discussion. Ultimately, you must decide the price to ask for your home. Regular feedback from the listing agent will provide information about revisiting the pricing strategy, if the asking price does not generate the desired offers.

A CMA Will Include Comparable Property Information:

Sales closed within the last 3-6 months
Properties currently under agreement
Active listings
Withdrawn and expired listings

And A Range Of Values Based Upon:

Neighborhood
Age of property
Conditions of property
Features of property

With A Marketing Plan:

Tailored to your property
Detailing the specific services provided

A homeownership professional specializing in the local market is best qualified to give you an accurate assessment of your home's current market value, and to help balance market realities with your dreams, allowing you to establish the most effective marketing program, including an asking price that generates active buyer interest.

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