Finding the Right List Price For Your Main Line Home

Kirk Simmon Real Estate Video Blog

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Do you know how to determine what your Main Line home is worth? If not, do you know how you can find out?

Start by thinking about your x-factors. What have your neighbors sold for and what improvements have you made to your home? Have you finished your basement or gutted your kitchen? Maybe you have remodeled a bathroom.

You should absolutely use an agent to help you find your home value. They are in and out of the market every day and know it well. They hear what buyers and sellers are saying, and they know the comparables, and they know what it takes to get a home sold in today’s market.

You can hire an appraiser, too. They look backwards at sold data to determine today’s value. An agent looks forward, and an appraiser looks backward.

Also, look at the competition that’s actively for sale in your neighborhood and absorption rate. You’ll also need to consider the condition of your home against the competition and what’s available for sale.

If you have questions for me, don’t hesitate to reply to this email or give me a call. I’d be happy to speak with you.