The true market value of your home is essentially determined by the price a buyer is willing to pay, regardless of what you paid for, how much you’ve invested in it, or how much it was appraised for.
There are many factors that influence a home’s value, including:
- The current market. In a “seller’s market,” where there are more buyers than available homes, prices rise rapidly. In a “buyer’s market,” where there is an excess of homes for sale, prices will rise more slowly.
- The condition of your home.
- Financing available—if interest rates are lower, buyers may be able to afford to pay more.
- Your competition.
Our team is an expert on the local real estate market and can evaluate all of these factors to determine the best price for your home. Call us today or contact us at www.SheilaNewtonTeam.com to schedule a pre-listing consultation!
If you are looking to buy or sell a home in the Anderson or Greenville SC real estate areas, visit our website at www.SheilaNewtonTeam.com for tons of great information.
Sheila Newton Team
Berkshire Hathaway HomeServices -
C. Dan Joyner, Realtors