We take the valuation of our clients homes very seriously. Our process starts with looking up sold comparable properties. We search the MLS
for recently sold homes of similar size, amenities and in similar areas. Once we have a minimum of three comparable properties, we then make adjustments to the "comps" for any small differences. For instances, if one of the comps is 2 1/2 baths where your home is 2, we would make a reduction to the comp from a statistical perspective.
Once we have all comparable properties adjusted, we then look at the current Active homes for sale in your community
that will be competition for your home. Comparing the competitive properties asking price to the average "list price to sale price ratio" gives us a second way to evaluate the current pricing trends. Lastly, we review all of the statistical data we have put together to come up with a realistic value for your home. Once we know the true value, we can set an Asking Price that will attract buyers.