Determining the list price for your home is as much of an art as a science. There is no exact formula, simply a range within which the sale price of your house will fall. At any given time there are four factors that affect the sale of your home:
- Location is the single most important factor in determining the value of your home. It's true, location, location, location. Sought after school district, view home, walkability to a town, proximity to parks, shopping and freeway acess, etc.
- Condition of the property affects the price and speed of the sale. Prospective buyers often make purchases based on emotion, so first impressions do count. Optimizing the appearance of your home will maximize the buyer's perception of value.