Market value vs. online estimators
One of the first things homeowners want to know when they think about selling is the market value of their property. Maybe you're considering a new home and wondering how much you could get for your current one.
An online estimate is a useful first look: it gives you a rough number within minutes. Once you decide to sell, the next step is a Comparative Market Analysis, or CMA. Your agent assesses your home in detail and compares it with the competition, including the homes that recently sold in your area and the condition of yours.
Comparable market analysis
An appraiser can value a home based on comparable sales and its current condition. If you want the best possible price, have your agent complete a CMA.
Listen to your agent's advice on improvements. Most suggestions are minor repairs and touch-ups that freshen the home, and some are part of the pricing strategy itself. Start with a free estimate, then use a CMA to position your home against the competition and maximize your sale price.