home prices

August 15, 2023

What You Need to Know About Pricing a House

When it’s time to sell your home figuring out what price you want to ask is a big decision. The more you know about what goes into it and how it works the less intimidating it is. Working with an experienced agent means you don’t have to dive into the deep end of pricing, but it’s good to be informed. Start With the Basics Determining the current market value for your home is mostly a matter of location, condition, and comparison. We look at similar homes for sale, or recently sold, in your neighborhood to get an idea of what listing price will be best for your home. If there is a recently sold home of a similar size, condition, […]
October 11, 2017

What’s the Difference Between Market Value and Assessed Value?

When you’re trying to put a price tag on your home, determining its value is a given. But, what is value exactly? Two types of “value” will come up in the conversation around selling your home: assessed value and market value. They may seem similar but the numbers can be different, and they’re used in distinct ways. Understanding the two will give you an advantage as you sell your home. What Is Market Value? Market value refers to the likely price that a property will sell for, or what a buyer is willing to pay for. Market value can be based on many factors, like location and exterior and interior aspects, including lot size, condition of the home, energy efficiency, […]