Understanding how Homes are Priced

Understanding how Homes are Priced

It makes sense to know how houses are being priced, whether you intend to put your home on the market sometime soon, or you’re just interested in how much your property is worth from an investment aspect.

There is an extremely high chance, when a house goes on the market, that it will sell for something close enough to its market value.
So if a three-bedroom, detached home is sold for x dollars in a neighborhood, then you might expect to sell a similar home down the street at around the same price.

This is why real estate professionals look closely at the area’s recent home sales to advise buyers on the best listing price.
So, are there additional variables that determine the sale price? There are many, actually.
House renovations, unique features such as a wide deck, and your home’s overall appeal can all increase the value for prospective buyers.
Although some of these features may help increase the sale price, others may help you sell your home faster. If you’re looking for an accurate market value for your home, contact us at 401-396-2888 for a free valuation.  We’re always glad to help!

Need an accurate home evaluation?

YOUR AGENT

Kamil Sarji - Real Estate Agent

 

Kamil Sarji

Real Estate Agent

Licensed in Rhode Island, Massachusetts, and Connecticut

Phone: (401) 396-2888

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ABOUT US

If You're Selling: I know how to present and showcase your house effectively, promote and market it so that it attracts qualified buyers and get SOLD for the highest price possible.

If You're Buying: We start with really learning about your needs and what you're looking to achieve in your new home. Knowing this will help me find and show you the best homes that meet your criteria.

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