Pricing Your Denver Or Mountain Home Strategies

Pricing Your Denver Or Mountain Home Strategies

Search Denver Or Mountain Real Estate

When it's time to place your home for sale, in Denver or even in the Colorado mountains in areas such as Breckenridge or Leadville there are different methods that can be used to determine the value of your property. Similar to how a football coach has a group of various plays to pick from and use during the game, there are many methods you can use to assist you in figuring out how much your Denver or Mountain home is worth. There isn't just one method by itself, but combined they can pinpoint the best potential price for your home which is one of the most determining factors. Reynolds Real Estate Group knows and uses all the following methods in determining the value of your home.

Compare and Review

Comparing has the greatest influence in fixing the cost. "Comps," while not entirely scientific, are still the best way to assess the value of a home. There are several secrets to find out which comps are ideal; look at the article about Pick the Best Comps to assist you. When preparing a CMA for you we will have included the best comps to compare with your home.

Look at Unsold Homes

Taking into consideration homes that are currently on the market might provide some information, but it may not be so accurate since it is difficult to know whether the seller will actually get the asking price. Nevertheless, we take notice of the active competition. We locate a home that resembles your home and learn how long it has been for sale. If the house does not sell within 30 days, it probably means that it is overpriced. When a home sells we   find out if it sold for a higher price or a lower price than it was listed at. With that information we can get good information about the behavior of the market as well as how aggressive we can be in pricing the house.

Strategies For Pricing Your Home. Contact Us at info@ReynoldsRealEstateGroup.com, or online at ReynoldsRealEstateGroup.com.