Houses that are near cities tend to be worth more than ones in rural areas. Location plays a big role in determining the highest and most attrative sales price for your home.
Your house will be seen as more desirable if it’s close to a beautiful view, shops, restaurants, good schools, or a major highway. These factors can influence why some neighborhoods command steep prices, and others that are a few miles away don’t.
Your home’s condition has such a major impact on its value that some buyers will be willing to pay more for a well-maintained home. That's why improvements like new kitchens and finished basements can increase the market value your home.
Also the bigger your home is when it comes to the number of bedrooms, bathrooms, and usable living spaces it will drive a higher price.
"For many people, their home is their most important financial asset. Find an agent who knows the local territory and trends, and who can go beyond an online home value estimator when setting list price."
"When you work with a real estate agent, we will run what is referred to as a“Competitive Market Analysis” (c).This report provides an in-depth analysis of your home in comparison to homes in the neighborhood that were sold in a similar condition and price point. Building a CMA requires a great deal of research and data collection of the most up-to-date information about the property in question and the homes used for comparison (also known as “comps”). That’s why it helps to have a well-trained, experienced eye to research, evaluate, and calculate the best possible price estimate for your home."
