Home selling guide: How to price your home

by Barbara Rybicki 02/13/2023

Featured image small toy houses on table close up image text How to price your home a quick seller's guide

The question of how to price your home is one of the most important aspects of the selling process. How do you know what your home is worth? How do you know what somebody would actually pay for it?

Real estate professionals can guide you in this decision to help you get the offers your home deserves. Here is some more basic information about choosing the best asking price:

Market dependent pricing

There are many factors that go into determining a home's sale price beyond the house itself. You'll need to adjust your pricing based on the market you're selling in. This could include economic factors, demographics and seasonality. Working with a real estate agent makes gathering data and setting a price much simpler.

Get an appraisal

One of the first steps in choosing a sale price for your home is finding the appraised value of the property. A professional appraiser conducts a thorough examination of your home to note factors like age, condition, size and features. Once you have this number, you can use it as a starting point for setting a price.

Check out sold comps

How much you want your home listed for will most likely depend on how many similar homes have recently gone for sale at your location. A comparative market analysis from a real estate agent is the most accurate and efficient way to use other home sales to guide your price point.

You can also search on your own for recently sold homes in your area and note their final selling prices. Choose comparable homes with similar square footage, bedrooms, bathrooms, lot size and amenities for the best idea of price.

Know your local market history

Knowing the stats about recent sales is only part of the puzzle. You'll also need to consider overall trends in the real estate market. Real estate agents have extensive knowledge and resources to help you find the market value of your home in the context of the location's trends.

How to price your home a quick seller's guide infographic article summary

While the real estate world has a plethora of moving parts, understanding the factors that go into determining home value and asking price will help you get the best offers for your home.

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About the Author

Barbara Rybicki

I am originally from Poland but have been a Grafton resident for almost thirty years.

I come from the Hospitality Business. I used to work in 5 Star Marriott Hotel Management. That experience taught me how to provide excellent customer service. That "Marriott" way of doing business instilled in me over the years helps me tremendously to succeed as a local real estate broker.

Nothing is more exciting to me than gratifying feeling I get from helping people reach their real estate needs and dreams. You can count on me to always do what is in your best interest. I will be there for you throughout the entire transaction making sure you understand each step of the buying or selling process. I will guide you with great communication skills and hard work ethic.

I have not only passion for my job but also extensive real estate expertise. Whether it is preparing and staging your home to sell for top dollar or helping you purchase a perfect home, feel free to reach out to me so we can start this process together.

I specialize in marketing and selling residential real estate in Grafton, Upton, Northborough, Westborough, Southborough, Shrewsbury, Milford, Hopkinton and Metro West area.