How Can I Determine the Selling Price of My Home?

When evaluating the market value of your home, it’s always best to consult with an experienced Real Estate Agent in your area. There are a number of factors that contribute to the sales price of your home (square footage, beds, baths, modern amenities, etc.). Your experienced Real Estate Agent will have access to data to better inform you of how your home compares to recent sales in the designated area over a specific period of time (usually 1 year to 18 months within a 1 to 3 mile radius). More importantly, the market changes rapidly due to supply and demand and working with an experienced professional can provide insight into some external factors that contribute to the price of the home (school district, neighborhood, supply and demand).

Considerations: Article has been modified and adapted from Nerdwallet.com, Rocket Mortgage, Zillow, and Investopedia.