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Bankers Hill
Dream Home

 

Seller's Guide

What is My Home Worth?

 

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  -   Am I priced to Sell?

- Common Questions

- FSBO (For Sale by Owner)

- Home Improvements

- How Long to Sell my Home?

- What's My Home Worth?

   
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  - Seller's Guide

- Avoid Foreclosure

- Loan Modification

- Short Sale

   

There are two key things to consider when valuing your home:

  1. How does it compare to similar homes that have sold recently? Is your asking price fair?
  2. What value do you get for any added features and amenities? Have you added anything to your house that makes it more valuable?

Looking at "Comps"

Knowing whether your asking price is fair will be important when someone is ready to make an offer on your home. It will be even more important when the buyer's lender hires an appraiser to determine whether the house is worth the loan they're after.

Check with your Ascent agent to see recent sales of homes in your neighborhoodthat are similar, or comparable, to what you're looking to get for your house.

Note that "recent sales" usually means within the last six months. A sales price from a year ago may bear little or no relation to what is going on in your area right now. In fact, some lenders will not accept comps older than three months.

I'd like to know how much my house is worth. Please contact me.

 

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