Pricing Your Home to Sell
Home Improvements
The improvements and additions you've made to your home are not always recoverable in the asking price, but can add value to your home. Your swimming pool may have cost $25,000, but that doesn't mean your home is worth $25,000 more. Swimming pools, decks, built-in-bookshelves and hardwood floors all make your home more attractive to home buyers.
Don't Waste Time
When pricing your house, the key is this: Don't waste time. Homes on the market a long time are perceived negatively by home shoppers. They get suspicious and wonder, "Why hasn't anyone bought this home yet?" Price your home at five to ten percent above the price of comparable homes in your neighborhood and you should get the right price and make good time.