Price Your Home Right!

Hey, guys! It’s Cole and Kelly Watkins from The Bridge Group! The summer selling season is here! Before putting your property on the market, let’s talk about how to determine its market value. 

Remember, the appraisal value is different from the market value. So lets start with what an appraiser looks at:

1. Property Type: Appraisers focus on properties similar to yours in terms of stories and features like pools.

2. Comparable Sales: They analyze recently sold properties in your community or nearby.

3. Size Matters: The size of your property affects the price per square foot. Larger properties generally sell for less per square foot.

Now, let’s discuss the three pricing strategies:

1. Market Value: Price your home based on similar properties sold in the last six months. It may take a bit longer to sell but offers a fair price.

2. Slightly Undervalued: Price it 5-10% below market value to create a frenzy of interest and potentially drive up the price with multiple offers.

3. Over Market Value: Avoid overpricing, as it can lead to longer market time and price reductions. Sellers often have emotional attachments, but it’s essential to be realistic.

What’s your Home Worth? Click the Link for your FREE Home Evaluation Here: https://www.bridgegrouptx.com/evaluation