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Kelly Dougherty


REALTOR®


REALTOR®, VF Contributor

Tel: (615) 383-6964    Cell: (615) 804-6940    Fax: (615) 383-6966    Email Me

Determining Your Home Market Value

If you have any questions or would like more information about determining your home market value please Contact Me. For more information about buying your next dream home or property or selling your home or property please visit my Buyers Page or Sellers Page.

Determining Your Home Market ValueNow that you have made the decision to sell your home, it is time to determine its asking price. Since the procedure by which it is calculated can be somewhat complex, you will want to seek the guidance of a trained professional – your REALTOR®. Should you price your home too low, you could potentially cheat yourself out of thousands of dollars. Conversely, if you price your home too high, potential buyers will bypass it in favour of something more reasonably priced. Leaving your home on the market for too long could have the adverse effect of giving it an unfavourable reputation. The object is to choose a price that is neither too high, nor too low. The asking price should be both accurate, given its market value, and fair. Your REALTOR® is familiar with the market and all of its changes. Take advantage of their knowledge and expertise.

 

What is Market Value?

Market value is the highest price that a willing buyer and seller, not under any compulsion or outside pressure, agree upon. Determined by outside influences, such as social and political factors, as well as the economy, market value is the price that your home should sell for in the current market. Your home’s fair market value depends on a number of other factors including, how it was built, its location, the condition it is in, the size of both the house and the property it sits on, as well as the price of other similar homes that have recently sold in your neighbourhood. The price you choose will also be determined by the tempo of the market, the public’s confidence in the current economy, and competition within the market. Ultimately, the market will determine the value of your home, not you, making the services of a trained professional who understands it and all of its complexities all the more worthwhile. Don’t hesitate to ask your REALTOR® any questions you may have – their knowledge could save you thousands of dollars please Contact Me for more information.

Kelly Dougherty

About Kelly Dougherty

REALTOR®

REALTOR®, VF Contributor

I am a full-time REALTOR®, paying special attention to every detail and listening to her clients' needs. I have the experience and integrity to make the transaction smooth. Contact Me and let me assist you with all your real estate needs!

Buyer's Home Search

My powerful Home Search solution allows you to search through all available homes the same way I would: by County, Town, Subdivision, Postal Code, waterfront homes, golf course homes, homes on acreage, homes with pools, and much more. Register and you can save your search, track your favorites and have the newest homes that meet your criteria emailed to you daily.

Selling Your Home?

Want to get top dollar for your home in the shortest possible time? Let me help you with Preparing, Pricing, Marketing, Negotiating and Managing the home sales process. I understand the importance of marketing using web, social networking, email, direct mail and print campaigns to place your home in front of more potential buyers. When you are ready, please fill out our online request form and I will contact you directly.

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