Thursday, January 2, 2014

How to Get the Right Price for your Hobson West Naperville Home For Sale

How to Get the Right Price for your Hobson West Naperville Home For Sale

When you have an excellent REALTORĀ® working with you, having the right price for your Hobson West home for sale should be a smooth task to accomplish.


Pricing your home can be tricky. Home sellers are often tempted to start with the price they paid for the home and then add a markup for repairs and renovations, arriving at what is assumed to be a logical selling price. Unfortunately, that strategy is not an accurate reflection of the home for sale’s market value. 

To determine the right price for your home, ask your REALTOR® for guidance. Your REALTOR® can help you evaluate your home’s value in its location, identify accurate local market conditions, compare neighborhood information and help you to correctly price your home for sale. 

Evaluate how your home compares to other homes for sale with similar square footage and age as yours. Prospective buyers will typically prefer a “move-in ready home” as opposed to one that needs a lot fixing. If your Hobson West Naperville IL Home for sale has additional amenities such as extra bedrooms, bathrooms, a two-car garage, or an in-home office you are likely to list your home at a higher price.

The estimated value of the Hobson West community also plays a major part in determining your home’s price. Consider the major perks of the location - it’s in an award winning school district, is near the Hobson West Ponds, and is also within walking distance from downtown Naperville’s shopping, restaurants, transportation, fun nightlife, etc., – identifying these key perks will help you determine the right price motivate buyers to buy your home.

With the help of your REALTOR®, you can review the Comparable Marketing Analysis or CMA of your local market. This is a report that includes carefully selected comparable properties, a listing of the factors that make your house unique and an analysis of current market conditions. A thorough review can help you determine your home’s value to avoid the pitfalls of under pricing or over pricing.

If you need any help in pricing your Hobson West Subdivision Homes for Sale in Naperville IL, or for any other real-estate related concerns, call Teresa Ryan at 630-276-7575. Teresa Ryan is the owner/broker of Ryan Hill Realty.
 

Teresa Ryan
Broker/Owner, CDPE
Ryan Hill Realty
1001 E. Chicago Ave., Ste. 103
630-276-7575
TRyan@RyanHillRealty.com
http://www.ryanhillrealty.com/

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