When you wish to sell your home, it is important to establish the market value of your home to have a quick turnaround on the sale. When a home is priced higher than what buyers will pay, the home is likely to remain on the market for a longer period of time and more than likely, the selling price will be lower than the asking price. That's why, pricing your home accurately for a sale is critical.
The market value for your home is determined by several factors:
1) Recent sales - selling prices of comparable homes in the recent past
2) Failed to sell - Properties offered for sale but failed to sale reflect undesirable listing prices
3) Pending sales - Properties under contract but not closed is a good indicator of the price range
4) Competitive active listings - Properties listed for sale that will compete with yours in the market
Note: The Market Value of your home is not determined by what you paid, what others paid for their home, or the improvements made, but a combination of the above factors.
For additional information on listing your home or Homes for Sale in Charlotte, contact the Carolina Home Pros Team who will assist you with all of your Charlotte Real Estate needs.
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