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    PARKER REALTY ASSOCIATES

    4248 Tuller Road Suite 202

    Dublin, Ohio 43017

    Office: (614) 987-5178

    Email: info@parkerrealtyassociates.com

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    • HOME

    • ABOUT

    • FOR SALE

    • BUYERS

    • SELLERS

    • RENTALS

    • OUR AGENTS

    • MANAGEMENT

    • CONSULTING

    • MY HOME VALUE

    • CONTACT

    • BLOG & NEWS

    • More

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      Recent Posts

      Shawn Parker appointed to OAR Board of Directors

      December 29, 2017

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      Sellers

      5 Criteria for Pricing a Home

      February 28, 2018

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      by BreakthroughBroker.com

       

      When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison.

      1. Location: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better.

      2. Date of sale: It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent sales data available.

      3. Home build: Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics.

      4. Features and upgrades: Remodeled bathrooms and kitchens can raise a home’s price, and so can less flashy upgrades like a new roof or HVAC system. Be sure to look for similar bells and whistles.

      5. Sale types: Homes that are sold as short sales or foreclosures are often in distress or sold at a lower price than they’d receive from a more typical sale. These homes are not as useful for comparisons.

      Tags:

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