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For Sellers
My Property Is Worth...
You are so thoughtful and such a gentleman. I appreciate all the special things you do, and I imagine that is why you are so good at what you do, because you make people feel like they matter. Thanks for all your time and effort and for being such a great person.
- Michelle Bilanzich
Now that you have chosen to sell your property, what do you think is the best way to establish a realistic listing price?
- Ask the neighbors?
- Rely on a real estate agent who will agree with any price you suggest as long as it allows him or her to list your property?
- Agree to a price that will net you the money you need in order to purchase your next property?
The best price that you can obtain for your home will ultimately be determined by the dynamics of the market. Your property has many values, depending on who’s assigning the value:
- The tax assessor
- An appraiser
- You, the owner
- A lender
- An insurance company
- Prospective buyers
Factors that influence the market value of your property:
- Location
- Financing
- Condition of property
- Lot size
- Buyer demand
- Current market conditions; new listings/price reductions in your market
- Architectural style
- Square footage of home
Market value is also impacted by emotional appeal. The ultimate value criteria for a buyer can be visual and functional appeal.
ALERT: CO Tax Credit Dealine Information (PDF)
Preparing, Pricing and Presenting Your Property